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Boeing buying embattled 737 supplier Spirit AeroSystems for $4.7 billion
The acquisition at a time when Boeing faces major turmoil over safety issues plaguing its aircraft and potential federal criminal charges in the U.S.
The acquisition at a time when Boeing faces major turmoil over safety issues plaguing its aircraft and potential federal criminal charges in the U.S.
Boeing has announced its acquisition of its largest supplier, Spirit AeroSystems. It may be the best of bad options for the embattled companies, but it will take Boeing years to straighten out the money-losing supplier and the quality problems that have bedeviled both of them.
Observers are skeptical the finance specialist has the skills to fix the troubled airliner division. Former co-workers tell Forbes why Boeing is putting its faith in her.
Boeing has paid Alaska $160 million in cash to make up for lost revenues caused by the January fifth door blowout on Alaska Airlines Flight 1282.
Boeing-controlled Wisk Aero is sticking with an ambitious plan to go autonomous from the beginning.