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Spirit Aero, Airbus Near Critical Talks on Fate of Supplier
- CEO Shanahan to spearhead New York bargaining session
- Aerostructures maker strained by 737 slowdown, A220 losses
Spirit AeroSystems signage on a Boeing 737 fuselage outside the Boeing manufacturing facility in Renton, Washington.
Photographer: David Ryder/BloombergThis article is for subscribers only.
Spirit AeroSystems Holdings Inc. and Airbus SE are dispatching senior executives to a meeting in New York in the coming days to chart a path forward for a takeover of key aircraft-manufacturing assets, according to people familiar with the matter.
The face-to-face session is set to involve Spirit Chief Executive Officer Pat Shanahan, while Airbus may send Christian Scherer, the head of its commercial aircraft business, said the people, who asked not to be identified discussing private deliberations.