Boeing To Buy Troubled Supplier Spirit Amid Plane Safety Pressure

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Boeing To Buy Troubled Supplier Spirit Amid Plane Safety Pressure
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The $4.7 billion purchase would reverse Boeing's longtime strategy of outsourcing key work on its passenger planes.

announced plans to acquire key supplier Spirit AeroSystems for $4.7 billion, a move that it says will improve plane quality and safety amid increasing scrutiny by Congress, airlines and the Department of Justice.

Boeing announced plans late Sunda to acquire Spirit AeroSystems for $4.7 billion in an all-stock transaction for the manufacturing firm.came to a head after the Jan. 5 blowout of a panel on an Alaska Airlines 737 Max 9 at 16,000 feet over Oregon. The Federal Aviation Administration soon after announcedNo one was seriously injured in the Alaska Airlines door incident, which terrified passengers, but Boeing is under pressure from the U.S.

Boeing spun off Spirit, which is based in Wichita, Kansas, and not related to Spirit Airlines, in 2005. In recent years, quality problems have mounted, including fuselage panels that didn’t fit together precisely enough and holes that were improperly drilled.in October and replaced him with Patrick Shanahan, a former Boeing executive who served as acting defense secretary in the Trump administration.Things seemed to be going more smoothly until the Alaska Airlines incident.

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