Advancing UK Aerospace, Defence, Security & Space Solutions Worldwide
  • Home
  • /
  • Aerospace
  • /
  • Bombardier's aerostructures business sale to Spirit reaching completion

Aerospace

Bombardier's aerostructures business sale to Spirit reaching completion

Bombardier announced today it has entered into an amended definitive agreement to sell its aerostructures business to Spirit AeroSystems Holding, Inc. (Spirit), with the transaction set to close on 30th October, as all closing conditions have been met.

Above: Bombardier Belfast.
Courtesy Bombardier

Under the amended agreement, Spirit will acquire Bombardier’s aerostructures activities and aftermarket services operations in Belfast, UK; Casablanca, Morocco; and its aerostructures maintenance, repair and overhaul (MRO) facility in Dallas, US for cash consideration of $275 million, Spirit’s assumption of liabilities, including government refundable advances and pension obligations, valued at $824 million, as well as certain adjustments to the parties’ trading agreements favourable to Bombardier.

Advertisement
DSEI 2025

“Today’s announcement marks another milestone towards achieving our strategic goal of repositioning Bombardier as a pure-play business jet company,” said Éric Martel, President and Chief Executive Officer, Bombardier Inc. “We are very excited about our future as a more focused Company. The proceeds from this transaction and from the pending sale of Bombardier Transportation strengthen our liquidity and position us to begin reshaping our capital structure and address our balance sheet challenges so that we can achieve the full potential of our incredibly talented employees and our industry leading business jet portfolio.”

In a statement issued today regarding Spirit's acquisition of Bombardier’s aerostructures activities and aftermarket services operations in Belfast, UK, Bombardier Belfast stated: "“We are delighted with today’s announcement and look forward to becoming part of Spirt AeroSystems on closure of the transaction on Friday 30th October. We cannot comment further prior to transaction closure.”

Commenting on today’s announcement that Bombardier’s Belfast Facility will become part of Spirit AeroSystems when the transaction closes on Friday, ADS Chief Executive Paul Everitt said: “The completion of the sale of Bombardier’s Belfast facility to Spirit AeroSystems this Friday is great news for their highly skilled workforce, the aerospace supply chain in Northern Ireland and the entire UK aerospace industry.  The Belfast facility is a centre of excellence for aerospace and is home for the award winning resin-infused advanced composite A220 wing.

“Being one of the largest aerostructures businesses in the world, Spirit AeroSystems will be a great partner for the facility and will help open up new opportunities across the world.

Advertisement
Leonardo RT

“At a time of unparalleled difficulty for our sector, it is great to see the commitment from Spirit AeroSystems to invest in world-leading aerospace expertise and expand their UK footprint for the future.”

 


 

Advertisement
General Atomics LB
Viasat test boosts business jet in-flight connectivity

Aerospace

Viasat test boosts business jet in-flight connectivity

8 July 2025

Viasat today announced a milestone for its JetXP business aviation in-flight broadband service, following recent test flights that successfully connected the Global Aero Terminal (GAT) 5510 to a ViaSat-3 satellite for the first time.

ST Engineering Antycip’s Merlin MP521 advances student innovation

Aerospace

ST Engineering Antycip’s Merlin MP521 advances student innovation

8 July 2025

Khalifa University of Science and Technology today announced major student and faculty achievements resulting from the use of ST Engineering Antycip’s Merlin MP521 Flight Simulator, which provides hands-on experience in aircraft design and performance evaluation, directly contributing to a growing body of student-led research and academic ...

Birmingham Airport sees busiest ever June

Aerospace

Birmingham Airport sees busiest ever June

8 July 2025

Birmingham Airport (BHX) has had its busiest June ever, with a record 1,360,957 passengers travelling through the airport last month.

Advanced Engineering 2025 extends additives and composites spotlight

Aerospace Events

Advanced Engineering 2025 extends additives and composites spotlight

7 July 2025

Taking place on 29th and 30th October 2025 at the NEC Birmingham, Advanced Engineering will have a new expanded Composites Pavilion, SME Village, the ADS Pavilion, AM2 Forum (Additive Manufacturing and Advanced Materials Forum) and a focused Electronics Zone.

Advertisement
DSEI 2025
CAA appoints experts to strengthen economic regs and growth

Aerospace

CAA appoints experts to strengthen economic regs and growth

7 July 2025

The Civil Aviation Authority (CAA) has appointed a team of specialists at the forefront of economics and competition policy to provide strategic advice to the aviation regulator on economic regulation and the challenges and opportunities in enabling the aviation sector to transform and grow.

Skyports and Ajman Transport to advance AAM in Ajman

Aerospace

Skyports and Ajman Transport to advance AAM in Ajman

7 July 2025

Ajman Transport Authority has signed a Memorandum of Understanding (MoU) with Skyports Infrastructure, with the aim of exploring opportunities for cooperation in the field of advanced air mobility (AAM) for smart aerial transport, including air taxi services, in the Emirate.

Advertisement
ODU RT