Exclusive-Boeing nearing deal with supplier Spirit Aero after months of talks, sources say

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Exclusive-Boeing nearing deal with supplier Spirit Aero after months of talks, sources say
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Exclusive-Boeing nearing deal with supplier Spirit Aero after months of talks, sources say

) after its former subsidiary made substantial progress in separate talks with Airbus over a transatlantic breakup of the struggling supplier, people familiar with the matter said on Thursday.

Boeing and Airbus have broadly succeeded in dividing Spirit's programs into work that Boeing will take back, along with work that the planemaker's European rival Airbus will take. There is also a third category of programs that may be sold or dealt with separately, said one of the sources. Boeing declined comment. Spirit spokesman Joe Buccino did not comment specifically on the talks, saying,"our focus remains on providing the highest quality products for our customers.”

Airbus and Boeing had been working to overcome hangups on inventory costs and the value of contracts, two sources said.

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