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Ownership of Spirit AeroSystems in Kinston switches to Airbus

Ted S. Warren
/
AP
File: A 737 Max 8 undergoes final assembly inside a Boeing factory.

Airbus and Boeing are splitting their acquisition of Spirit AeroSystems, which means Airbus now owns the former Spirit AeroSystems site in Kinston.

A350 fuselage sections are manufactured at the eastern North Carolina site, and officials said the company’s goal is to acquire industrial assets that will improve its commercial aircraft programs.

Related content: Spirit AeroSystems Expands Operations In Kinston

Several Spirit manufacturers across Europe will also be owned by Airbus.

Airbus received $439 million in compensation, and will also accept payments to settle liabilities under the purchase agreements.

Annette is originally a Midwest gal, born and raised in Michigan, but with career stops in many surrounding states, the Pacific Northwest, and various parts of the southeast. An award-winning journalist and mother of four, Annette moved to eastern North Carolina in 2019 to be closer to family – in particular, her two young grandchildren. It’s possible that a -27 day with a -68 windchill in Minnesota may have also played a role in that decision. In her spare time, Annette does a lot of kiddo cuddling, reading, and producing the coolest Halloween costumes anyone has ever seen. She has also worked as a diversity and inclusion facilitator serving school districts and large corporations. It’s the people that make this beautiful area special, and she wants to share those stories that touch the hearts of others. If you have a story idea to share, please reach out by email to westona@cravencc.edu.