UK competition regulators are reviewing potential concerns posed by Boeing’s planned acquisition of supplier Spirit AeroSystems but have yet to launch a formal investigation.

The country’s Competition and Markets Authority (CMA) said on 26 June it has started evaluating the planned deal to determine if it “may be expected to result in a substantial lessening of competition within any market or markets in the United Kingdom”.

Additionally, the agency has begun accepting public comments about the acquisition and will continue doing so through 15 July 2025.

A220 wing Spirit AeroSystems Belfast-c-Spirit AeroSystems

“CMA has not yet launched its formal investigation into this transaction. This invitation to comment is the first part of the CMA’s information-gathering process,” the agency adds.

Boeing did not immediately respond to a request for comment. It has previously said it aims to close the Spirit deal by mid-year but has not been more specific.

But the acquisition poses significant implications for the UK and has sparked concern among trade unions.

Spirit’s UK operations include its Prestwick, Scotland site, where it produces wing components for Airbus A320neos, A350s and Boeing 767s. It also operates the former Short Brothers facility in Belfast, Northern Ireland, where it manufactures A220 wings and horizontal stabilisers and fuselage sections for Bombardier business jets.

As part of the planned Boeing-Spirit deal, Airbus has agreed to acquire Spirit’s Airbus programme work in Belfast and Prestwick.

But the future of Spirit’s non-Airbus work at both sites is unclear. Spirit has said it is seeking a third-party buyer for the Belfast facility, and Bombardier has expressed at least some interest. But if no buyer emerges, the facility stands to pass to Boeing.

The GMB, which along with fellow union Unite, represents workers at the Belfast site, has expressed concern about the facility becoming part of Boeing.

In April, GMB representatives met with UK industry minister Sarah Jones and Tonia Antoniazzi, chair of the Northern Ireland Select Committee, to press for assurances on the site’s future.





Source link

Posted in
Uncategorized
Related Posts
Limousine Comments are Closed

Plan the perfect NYC Memorial Day weekend

Pack only what you need and avoid overpacking to streamline the check-in and security screening…

News Comments are Closed

LA’s worst traffic areas and how to avoid them

Consider using alternative routes, such as Sepulveda Boulevard, which runs parallel to the 405 in…

KLM prepares to start A350 pilot training after installation of simulator

Dutch carrier KLM has commissioned the Netherlands’ first Airbus A350 simulator, in preparation for the…

Boeing hands over first P-8A Poseidon maritime patrol aircraft for German navy fleet renewal

Boeing has handed over the German navy’s first P-8A Poseidon to Berlin’s BAAINBw defence procurement…

Honeywell advances 1MW hydrogen fuel cell powertrain testing under EU Clean Aviation NEWBORN project

Honeywell hopes that by year-end subsystem tests will be ongoing at multiple locations as an…

Air Europa timeline for 737 Max deliveries shifts

Spanish carrier Air Europa is aiming to build a fleet of 20 Boeing 737 Max…

US approves $1.23bn sale of 400 AIM-120D-3 AMRAAM missiles to Germany for F-35A fleet

The US government has cleared the possible sale of up to 400 Raytheon AIM-120D-3 Advanced…

Norwegian firms options on 30 more 737 Max jets but adjusts delivery schedule

Scandinavian budget carrier Norwegian is exercising options to purchase 30 more Boeing 737 Max 8…

Turkish Airlines orders up to 75 787s and nears 150-jet Max deal

Turkish Airlines has decided to purchase up to 75 Boeing 787s, deliveries of which will…

Nouvelair A320 approached wrong runway before overflying departing EasyJet aircraft

French investigators have disclosed that a Nouvelair Airbus A320 had aligned for approach to the…

Weak procedures contributed to Dash 8 crew’s forgetting to set altimeter before terrain alert

Norwegian investigators have determined that weak altimeter procedures resulted in a Wideroe De Havilland Dash…

Lufthansa prepares to receive 787-9 with centenary commemoration paint scheme

Lufthansa is to take delivery in November of a Boeing 787-9 painted in a special…

Post a comment

Your email address will not be published.