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☆ How Spirit AeroSystems fits into Boeing's rebound plan
▼ + stars: | 2024-05-18 | by ( Erin Black | ) www.cnbc.com time to read: +1 min

And in an effort to correct manufacturing flaws and get production back on track, it announced it's in talks to buy fuselage maker Spirit AeroSystems — a company that Boeing spun off in 2005. Spirit AeroSystems, which is not to be confused with Spirit Airlines, is one of the biggest aerostructure companies in the world with many locations around the globe. "Spirit provides 100% of the fuselages for the world's second-most popular aircraft, the 737. " Over the past few years, there have been a series of manufacturing flaws that have come out of the Spirit AeroSystems factory on some fuselages that are going to Boeing. Spirit, however, also supplies parts to Airbus and other plane manufacturers, making the deal a little complex.

Persons: Max, Kevin Michaels Organizations: Boeing, Airbus, Spirit Airlines

[1/2] A logo of Airbus is seen at the entrance of its factory in Blagnac near Toulouse, France, July 2, 2020. But whereas this makes up some 12% of market forecasts for Boeing's 2023 deliveries, Airbus has secured just 9% of its 2023 target of 720 jets, below the trend for this time of year. After missed targets in 2022, Airbus Chief Executive Guillaume Faury has told executives that 2023 will be "make or break" for the company's industrial reputation, industry sources said. In February, Airbus delivered 46 jets, up from 20 in January, for a total of 66 in the first two months of 2023. Lessors have said both jetmakers are delivering planes three-to-six months late, though Airbus is pushing to maintain higher industrial output.

☆ Airbus urges suppliers to carry extra stocks amid output snags
▼ + stars: | 2023-02-09 | by ( Valerie Insinna | ) www.reuters.com time to read: +3 min

Airbus currently has an ultimate goal of producing 75 of its best-selling family of A320neo single-aisle jets a month by the middle of the decade. Charbonneau also suggested that suppliers would bear the burden of carrying extra inventory to smooth any disruption, saying it was "very important" that suppliers create "buffer stocks" of critical items. "Ultimately, working capital in sub-tier suppliers could actually determine how many airplanes are going to get built," he said. Industry sources have said earlier plans for a sharp increase in output rattled suppliers worried about being left with surplus inventory and reluctant to carry surplus stock. The United States is Airbus' single largest supplier, with more than 2,000 U.S. companies located in about 40 states.

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