{"id":1753,"date":"2024-03-05T00:03:53","date_gmt":"2024-03-05T00:03:53","guid":{"rendered":"https:\/\/businesstriumphs.com\/index.php\/2024\/03\/05\/boeing-is-in-talks-to-reacquire-fuselage-maker-spirit-aerosystems-after-spate-of-quality-defects\/"},"modified":"2024-03-05T00:03:53","modified_gmt":"2024-03-05T00:03:53","slug":"boeing-is-in-talks-to-reacquire-fuselage-maker-spirit-aerosystems-after-spate-of-quality-defects","status":"publish","type":"post","link":"https:\/\/businesstriumphs.com\/index.php\/2024\/03\/05\/boeing-is-in-talks-to-reacquire-fuselage-maker-spirit-aerosystems-after-spate-of-quality-defects\/","title":{"rendered":"Boeing is in talks to reacquire fuselage maker Spirit Aerosystems after spate of quality defects"},"content":{"rendered":"<div>\n<p class=\"\">Boeing\u00a0is in talks to buy back\u00a0Spirit Aerosystems, which makes fuselages for Boeing\u2019s 737 Max jets, according to a person familiar with the matter, as both companies scramble to stamp out manufacturing flaws on the top-selling plane.<\/p>\n<p class=\"\">Shares of Spirit were up 13% as of early afternoon on Friday, while shares of Boeing were down about 1%. Spirit Aerosystems had a market capitalization of $3.3 billion as of Thursday\u2019s close.<\/p>\n<div><\/div>\n<p class=\"\">\u201cWe do not comment on market speculation,\u201d a spokesperson for Spirit Aerosystems told CNBC. Boeing also declined to comment.<\/p>\n<p class=\"\">Boeing in 2005 spun off operations in Kansas and Oklahoma that became the present-day Spirit Aerosystems. About 70% of Spirit\u2019s revenue last year came from Boeing, and about a quarter comes from making parts for Boeing\u2019s main rival, Airbus.<\/p>\n<p class=\"\">The repurchase talks were first reported by\u00a0the Wall Street Journal.<\/p>\n<p class=\"\">It comes less than two months after a section of a Boeing 737 Max 9 plane\u00a0blew out\u00a0during an Alaska Airlines flight. The Federal Aviation Administration\u00a0temporarily grounded\u00a0all of the planes in January, leading to\u00a0investigations\u00a0into the accident and Boeing\u2019s production lines.<\/p>\n<p class=\"\">It was the latest and most serious in a host of flaws on the Boeing 737 Max, Boeing\u2019s best-selling jet.<\/p>\n<p class=\"\">The bolts on the door plug of the Max involved in the January accident appeared not to have been attached when it left Boeing\u2019s Renton, Washington, factory, according to a preliminary report from the National Transportation Safety Board.<\/p>\n<p class=\"\">Boeing has disclosed several production problems and quality flaws on the fuselages that Spirit makes, including incorrectly drilled holes and incorrect spacing on some fuselage components, problems that slowed deliveries of new jets to airlines.<\/p>\n<\/p>\n<div>This post appeared first on NBC NEWS<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Boeing\u00a0is in talks to buy back\u00a0Spirit Aerosystems, which makes fuselages for Boeing\u2019s 737 Max jets, according to a person familiar with the matter, as both companies scramble to stamp out manufacturing flaws on the top-selling plane. Shares of Spirit were up 13% as of early afternoon on Friday, while shares of Boeing were down about [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":1754,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-1753","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/1753","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/comments?post=1753"}],"version-history":[{"count":0,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/1753\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media\/1754"}],"wp:attachment":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media?parent=1753"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/categories?post=1753"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/tags?post=1753"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}