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HomeInvestmentAirbus has explored buying Spirit A220 wings plant -sources By Reuters

Airbus has explored buying Spirit A220 wings plant -sources By Reuters


© Reuters. FILE PHOTO: The headquarters of Spirit AeroSystems Holdings Inc, is seen in Wichita, Kansas, U.S. December 17, 2019. REUTERS/Nick Oxford/File Photo

PARIS/MONTREAL (Reuters) – Airbus and Spirit AeroSystems (NYSE:) have explored the idea of the European planemaker taking over a plant in Belfast, Northern Ireland, where Spirit makes wings for the A220 but no such deal is likely in the short term, industry sources said.

An Airbus spokesperson said it had no comment on M&A speculation.

A spokesperson for Spirit, which has said it is in ongoing contractual price negotiations with Airbus, said “We continue discussions with Airbus. We value our partnership with Airbus”.



This story originally appeared on Investing

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