--Boeing is nearing a deal to buy back Spirit AeroSystems, the fuselage supplier it spun off in 2005, Reuters reported Friday, citing unnamed sources.

--The potential transaction comes after months of talks between Boeing and rival Airbus about a breakup of the struggling Spirit, the report said.

--Boeing approached Spirit about a deal earlier this year as it looked to stabilize a critical part of the supply chain for its strongest selling jet, the 737 MAX, after a door plug blew off of one of the crafts in January, Reuters reported.

--Boeing and Airbus have discussed dividing up Spirit's programs, according to the report.

--Representatives for Boeing and Spirit declined to comment on the talks for Reuters' report.


Full story: https://www.reuters.com/markets/deals/boeing-nearing-deal-with-supplier-spirit-aero-after-months-talks-sources-say-2024-06-20/


Write to Dean Seal at dean.seal@wsj.com


(END) Dow Jones Newswires

06-21-24 0649ET