Bombardier considers acquisition of Spirit Aerosystem’s Belfast factories in bid to safeguard key supplier

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 56 sec. here
  • 49 min. at publisher
  • 📊 Quality Score:
  • News: 190%
  • Publisher: 92%

Canadian News Nachrichten

Canada News,Breaking News Video,Canadian Breaking News

Canadian luxury jet maker looks at potential purchase to protect its interests as Boeing moves to purchase of Spirit

Airplanes in production sit on the factory floor as Canadian business jet maker Bombardier holds an investor day at its plant in Mississauga, Ont. on May 1.is eyeing a potential takeover of factories in Northern Ireland belonging to Spirit AeroSystems Holdings Inc. as it moves to safeguard the stability of one of its key suppliers.

Bombardier used to own the storied aircraft manufacturing business in Belfast, commonly known as Shorts, but sold it to Spirit as part of a US$1.2-billion deal in 2020. At the time, Bombardier was in the midst of a wider sell-off of assets in a bid to rebuild its finances as it refocused its business model on private aircraft.

Bombardier will need its own long-term solution and will be keeping close tabs on how the Spirit sale plays out. The Canadian plane maker doesn’t necessarily want to leave the Belfast fuselage work in the hands of Boeing, a company with which it has had a thorny relationship in recent years. The two manufacturers have locked horns on several occasions, most recently over the Canadian government’s decision to award a sole-source contract to Boeing for military surveillance planes.

Spirit is one of Northern Ireland’s biggest manufacturers and employs thousands of workers across multiple sites. The Unite union, which represents a majority of those employees, has voiced concerns that a break-up of Spirit operations in the country would threaten jobs.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 5. in CH
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Roaring Kitty reveals Chewy stake, Boeing to buy Spirit AeroSystems: Yahoo FinanceAn SEC filing has revealed that Keith Gill, aka 'Roaring Kitty' on social media, has a $245 million stake in online pet retailer Chewy (CHWY). The investment...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

Can Boeing's Spirit AeroSystems acquisition restore trust?Shares of Boeing (BA) are climbing after agreeing to buy back fuselage maker Spirit AeroSystems (SPR) in a deal valued at around $4.7 billion. Josh Lipton...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »