SPR - Airbus Demands Compensation To Acquire Spirit Operations: Report | Benzinga
Airbus SE (OTC:EADSY) has reportedly expressed the need for financial compensation to absorb loss-making operations from Spirit AeroSystems Holdings Inc (NYSE:SPR), creating a hurdle in the discussions with Boeing Co (NYSE:BA).
This demand, emerging as a key obstacle, is likely to complicate negotiations between the two aerospace giants.
Executives from Spirit and Airbus are engaged in discussions in New York, aiming to resolve issues including financial compensation for Airbus to assume the burden of Spirit’s loss-making operations, reported Reuters.
The complexity of untangling ...