CA - Investors Take Note Spirit AeroSystems Could Be Close To A Game-Changing Deal

2024-06-21 16:00:15 ET

Summary

• The Boeing Company has faced serious issues in the past decade, lagging Airbus by over 90 points.
• Spirit AeroSystems, a major aerospace supplier, has been impacted by Boeing's troubles, as it is partially to blame - and is bearing the consequences.
• Airbus is in talks to potentially acquire parts of Spirit AeroSystems, which could lead to a Boeing acquisition.

Introduction

I don't think I'm surprising anyone when I say that The Boeing Company ( BA ) has some serious issues. Over the past ten years, the giant has returned just 34%, lagging its European peer Airbus SE ( EADSF ) by more than 90 points.

Essentially, things went horribly wrong when it started to encounter 737 Max quality issues, which were the start of a series of horrible headlines, including an Alaska Airlines ( ALK ) 737 that lost a door mid-flight....

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