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
Teledyne

“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
DSEI 2025

“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
Babcock LB
Flights increase as summer hots up

Aerospace

Flights increase as summer hots up

18 July 2025

UK air traffic in June increased by 2.5% on the same month last year as NATS, the UK’s major provider of air traffic services, safely handled 237,215 flights, up more than 2,600 on May.

ZeroAvia granted patents for hydrogen-electric engine development

Aerospace

ZeroAvia granted patents for hydrogen-electric engine development

17 July 2025

ZeroAvia today announced it has been awarded nine new patents this year so far, with many critical to the company’s roadmap for scaling hydrogen-electric engines for large regional aircraft.

BBGA co-hosts Isle of Man Aviation Conference

Aerospace

BBGA co-hosts Isle of Man Aviation Conference

17 July 2025

For the first time, the British Business General Aviation Association (BBGA) joined Martyn Fiddler as joint hosts of the 13th Isle of Man Aviation Conference, bringing together 120 business aviation delegates at Douglas’ Villa Marina venue.

Flying to become more accessible for disabled people

Aerospace

Flying to become more accessible for disabled people

16 July 2025

An industry and consumer expert group, tasked by the UK Government to advise on how to make flying more accessible for disabled people, has unveiled its suite of recommendations today.

Advertisement
Gulfstream RT
Doncasters expands Groton site with new shell line

Aerospace

Doncasters expands Groton site with new shell line

15 July 2025

Doncasters today announced the successful commissioning of a brand-new, fully automated shell line, at its Groton facility in the US - a major milestone within its 2025 Performance Improvement Plan and a key advancement in the company’s long-term manufacturing strategy.

ZeroAvia and Horizon Aircraft to explore hydrogen eVTOL propulsion

Aerospace

ZeroAvia and Horizon Aircraft to explore hydrogen eVTOL propulsion

15 July 2025

ZeroAvia and Horizon Aircraft today announced plans to work together on developing regional hydrogen-electric VTOL air travel.

Advertisement
DSEI 2025