By Molly McMillin - The Wichita Eagle - French media are reporting that Airbus is talking with Spirit AeroSystems about the possibility of buying Spirit’s A350 XWB assembly plant in Saint-Nazaire, France, in order to get the program back on track.
The move could be a “dent to Spirit’s credibility as a major structures supplier,” RBC Capital Markets aerospace analyst Robert Stallard wrote in an investor report Friday.
Wells Fargo Securities aerospace analyst Sam Pearlstein wrote in a report that the move could be positive for Spirit, because it could reduce the company’s risk on the program.
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Airbus Might Take Over Spirit’s plant in France
French media are reporting that Airbus is talking with Spirit AeroSystems about the possibility of buying Spirit’s A350 XWB assembly plant.