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The Guardian - UK
The Guardian - UK
Business
Jack Simpson and Jasper Jolly

Boeing to buy supplier Spirit AeroSystems in $4.7bn deal

Boeing 737 Max-10 lands over the Spirit AeroSystems logo
Spirit was spun off from Boeing in 2005 but it still accounts for about 70% of its orders. Photograph: Benoît Tessier/Reuters

Boeing has agreed a $4.7bn (£3.7bn) deal to buy the parts supplier it sold nearly 20 years ago, as it seeks to improve safety on its production lines after a panel blew off an Alaska Airlines-operated plane mid-flight earlier this year.

The under-pressure US planemaker will buy Spirit AeroSystems, which supplies it with fuselage and wing parts, as it attempts to improve safety and quality in its manufacturing processes.

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