Airbus is executing one of the most ambitious industrial expansions in modern aviation history, responding to surging demand from airlines and leasing companies by ramping up production across all commercial aircraft programs. Central to this strategy is the A321neo, now the dominant member of the A320 Family, which continues to drive Airbus’ record-breaking order backlog and output targets.
A new airworthiness directive may soon impact the Boeing 787-9 and 787-10 Dreamliner models, following FAA concerns over substandard titanium used in the ram air turbine (RAT) mounting fittings. The RAT is a vital safety component, designed to deploy in-flight to provide emergency electrical and hydraulic power when both engines fail. Improper titanium in its fittings could lead to catastrophic detachment at the moment it is…
Airbus has committed to providing an additional $94 million in financial support to Spirit AeroSystems, increasing its total assistance to the U.S.-based aerostructures manufacturer to $152 million. This move comes amid efforts to stabilize production and supply chain challenges that have impacted major aircraft programs, particularly the A220 and A320neo families for which Spirit is a key supplier.
Spirit AeroSystems Holdings, one of the world’s largest independent manufacturers of aircraft structures, has reported a challenging first quarter for 2025, marked by a 11% drop in revenue to $1.5 billion and a substantial net loss of $613 million.
Spirit AeroSystems Holdings has reached a definitive agreement with Airbus to transfer ownership of certain assets and sites involved in the production of Airbus aerostructures directly to Airbus. The transaction is expected to close in the third quarter of 2025, representing a major structural shift in their longstanding manufacturing relationship.
Spirit AeroSystems has announced that Sean Black, currently serving as Chief Engineer, will assume leadership of the company’s Wichita, Kansas site after the completion of Boeing’s acquisition in 2025. The appointment reflects Boeing’s intent to streamline site-level management during the post-merger integration phase.
Spirit AeroSystems, one of the world’s largest aerostructure manufacturers, has announced the departure of John Plueger, who has served as a board member for a decade. Plueger is also the CEO and President of Air Lease Corporation, a major global aircraft lessor.
Spirit AeroSystems Holdings, Inc., a major supplier of aerostructures for commercial and defense aircraft, has announced its financial results for the fourth quarter of 2024. The company reported revenues of $1.7 billion, an operating loss of $577 million, and a net loss of $631 million, reflecting continued financial pressures despite an increase in production output.
Airbus is set to finalize a deal to take over certain European operations of Spirit AeroSystems, according to Airbus CFO Thomas Toepfer. The move is part of Airbus’ strategic expansion and supply chain stabilization, ensuring greater control over key component manufacturing.
Spirit AeroSystems, a leading U.S. aerospace manufacturer, and Boeing have agreed to amend a prior memorandum of agreement (MOA) dated April 2024. The updated terms will postpone Spirit’s repayment of advances to Boeing until 2026, providing Spirit with additional financial flexibility.
