Mandy Xu’s Post

Exciting Developments in the Aerospace Industry: Airbus and Boeing Nearing a Major Deal with Spirit AeroSystems! I'm thrilled to share that Airbus and Boeing are in advanced discussions with Spirit AeroSystems that could reshape significant portions of the aerospace supply chain. An announcement is anticipated as early as next week. Under this potential agreement: Airbus is set to take over Spirit AeroSystems' work on the A220 and A350 aircraft programs. This includes key operations in Belfast, Northern Ireland, Casablanca, Morocco, North Carolina, and Saint-Nazaire, France. Boeing is expected to assume control of the majority of Spirit AeroSystems' operations, notably its main facility in Kansas. This move aims to streamline and enhance manufacturing processes following recent challenges. This complex deal underscores the deep interconnectivity within the aerospace sector, with both Airbus and Boeing recognising the necessity of managing and protecting their supply chains effectively. The move comes as Boeing seeks to recover from recent setbacks and Spirit AeroSystems navigates financial difficulties reported in recent quarters. Analysts suggest that Airbus might acquire the A220 program operations for a nominal fee, ensuring continuity and future viability. Spirit AeroSystems has a storied presence in the aerospace industry, notably in Northern Ireland, where the company employs over 3,000 people across six sites. These facilities contribute significantly to local aerospace activities, and any operational changes are a critical interest to local stakeholders, including unions. This potential agreement represents more than a business transaction; it's a pivotal moment in our industry's ongoing journey towards resilience and innovation. Stay tuned for further updates. This is a story that captures the dynamic and transformative spirit of aerospace. ✈ #Aerospace #Aviation #Airbus #Boeing #SpiritAeroSystems #IndustryNews

Airbus has announced a deal with Spirit AeroSystems (formerly Boeing subsidiary) worth $559 million! As part of this deal, Airbus will take over certain loss-making activities at four plants in the US, Northern Ireland, France, and Morocco, which supply key parts for its A220 and A350 passenger jets. This agreement is expected to ensure stability of supply for Airbus' commercial aircraft programs, both operationally and financially. The European planemaker has committed to a more sustainable way forward, taking over minor activities carried out for the A220 in Wichita, Kansas, where Spirit is based. What does this mean for the industry? More reliable supply chain for Airbus' commercial aircraft Potential cost savings through optimized operations Competition heats up between Airbus and Boeing Stay tuned for updates on this developing story! #Airbus #SpiritAeroSystems #AerospaceIndustry #SupplyChainManagement

Boeing Takes Flight Toward Spirit AeroSystems Buyback, The American Aircraft manufacturer is nearing the runway for a potential reacquisition of Spirit AeroSystems, its one-time subsidiary. This move could significantly reshape the aviation supply chain landscape. The Potential Impact If finalized, the buyback could offer several advantages for Boeing: Supply Chain Security: Bringing Spirit back under its wing could give Boeing more control over its supply chain, potentially reducing delays and streamlining production. Cost Reduction: Increased control over manufacturing processes might lead to cost savings for Boeing in the long run. Boosting 737 MAX Production: A revitalized relationship with Spirit could be crucial for Boeing's plans to ramp up production of the 737 MAX aircraft. #Airport #Airline #Boeing #SpiritAerosystems #USA #AviationIndustry #AviationOasis https://lnkd.in/es23DbVu

🌀Boeing's potential acquisition of Spirit AeroSystems may help Boeing gain more control over its supply chain, but it may not solve the quality issues it faces, particularly in the aftermath of a recent safety incident involving a 737 MAX jet. 🌀Analysts suggest that bringing Spirit back under Boeing's wing could force Airbus to consider acquiring a plant in Belfast, Northern Ireland, which makes wings for the A220, as part of its response to the potential deal. 🌀While the acquisition could provide Boeing with more manufacturing resources and influence over its supply chain, it may not immediately address the quality concerns highlighted by the Federal Aviation Administration's recent audit findings. Additionally, delays in production increases pose challenges for both Boeing and its suppliers, who have already faced setbacks due to the pandemic and previous grounding of the 737 MAX 8. #PoynterSpiritSale

Super insightful 5 min interview with AerCap CEO on why open dialog with airlines and lessors matters. Also about the importance of aircraft manufacturers taking care of their talent at aircraft production.

Airbus plans to deliver more aircraft to customers in 2024 even as supply chain headaches continue to afflict the European airplane maker. The company reported healthy results for its commercial aircraft business Thursday in its latest annual earnings report, and signaled that there was more to come this year by setting a target of 800 commercial aircraft deliveries, 65 more than in 2023. “We progressed on our production ramp-up against a backdrop of an operating environment that remains complex and affected by supply chain challenges and geopolitical conflicts so at the end that’s quite an achievement in my view,” CEO Guillaume Faury said. Airbus’s fortunes contrast with struggles at U.S. rival Boeing #BA, which is battling manufacturing quality control concerns after an emergency door panel blew off a 737 Max 9 jetliner last month. Faury indicated that Airbus wouldn’t see any short-term bump from airlines that want to switch suppliers as it already has a hefty order backlog for its A320 narrow-body jets that compete directly with Boeing’s 737 family. #EU #US #travel

Boeing Edges Closer To Buyback Deal With Spirit AeroSystems Ever since Boeing announced its intention to buy back Spirit AeroSystems earlier this year, there have been talks and discussions about how the deal would proceed, given that Spirit has diversified its business over the years. Now, the latest reports suggest that Boeing is nearing a deal. Spirit is also progressing with its talks with Airbus for an appropriate company breakup in which all parties involved are satisfied. Read more at: https://lnkd.in/dHarGh8D #AviationTalk #aviationnews #avgeek #aviation

The complex dynamics of the aviation industry focus on the challenges faced by Boeing and Airbus and their potential solution in India. It explores the factors contributing to constrained aircraft supply, the capital-intensive nature of aircraft manufacturing, and the stringent regulatory requirements in the industry.

Boeing and Airbus to split up struggling supplier Spirit AeroSystems Boeing has announced a definitive agreement to acquire Spirit AeroSystems in an all-stock transaction valued at approximately $4.7 billion, or $37.25 per share. Including Spirit’s net debt, the total transaction value reaches approximately $8.3 billion. “By reintegrating Spirit, we can fully align our commercial production systems, including our Safety and Quality Management Systems, and our workforce to the same priorities, incentives, and outcomes – centered on safety and quality,” Boeing CEO Dave Calhoun emphasized. Read more at: https://lnkd.in/dM8H96hM #AviationTalk #aviationnews #avgeek #aviation

Did you know..? That the Airbus A220 is previously known as the Bombardier CSeries? Let’s dig into the intriguing history of this aircraft in the aviation industry. Originally developed by the Canadian manufacturer Bombardier Aerospace, the CSeries was designed to compete in the narrow-body jet market against industry giants like Boeing and Airbus. However, due to financial challenges faced by Bombardier, the CSeries program was struggling to gain traction. In 2015, Bombardier faced a significant setback when Delta Air Lines placed a large order for the CSeries aircraft, leading to a trade dispute with Boeing over alleged unfair subsidies. To secure the future of the CSeries program, Bombardier sought strategic partnerships. In 2018, Airbus acquired a majority stake in the CSeries program, later rebranding it as the Airbus A220. This partnership provided Airbus with a strong entry into the smaller single-aisle market segment and offered Bombardier the necessary resources and support to continue developing and marketing the aircraft effectively. The Airbus A220 has since gained recognition for its fuel efficiency, advanced technology, and passenger comfort, positioning it as a competitive option in the regional jet market. The story behind the Airbus A220 showcases the collaboration and innovation of competing aircraft manufacturers necessary for success in the ever-evolving aerospace industry.