Boeing and Spirit AeroSystems confirm discussing a possible merger. American group is considering buying back its subcontractor undermined by the serial problems hitting Boeing planes.
Spirit's stock jumped by more than 10%. When the New York Stock Exchange closed, it rose 15.31% and its market capitalization reached $3.82 billion. Boeing is by far Spirit's largest customer, 60% of whose revenues came from the American aircraft manufacturer in 2022. Boeing, Spirit's first customer, took it out of its fold in 2005.