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cheap canada goose Canada Goose Jackets Share CloseShare this Story: Bombardier to sell aerostructures unit to Spirit AeroSystems Copy Link Email Facebook Twitter Reddit Pinterest LinkedIn TumblrNews Local NewsOff Island GazetteWest Island GazetteCOVID 19QuebecNationalCOVID 19 WorldVideosWeatherArchives Reopening Canada More Reopening CanadaOpinion ColumnistsEditorialsAislin and other editorial cartoonsSports Hockey Inside OutHockeyHockey Inside OutMontreal CanadiensNHLWorld JuniorsFootballMontreal AlouettesCFLNFLSoccerMontreal ImpactMLSBaseballBasketballNBANCAATennisGolfGolf Videos Auto RacingBusiness FP Markets FP Headlines FP Money EnergyLocal BusinessOpen during COVID AerospacePersonal FinanceReal EstateRetailTechnologyGamingInternetPersonal TechScienceTech BizSmall BusinessMontreal’s Top EmployersArts Local ArtsMontreal moviesMovie Listings TelevisionTV ListingsMontreal theatreMusicBooksCelebrityLife Fashion BeautyFoodRecipesLocal Food ReviewsHealthDiet FitnessFamily ChildMenWomenSeniorsSexual HealthDiet FitnessHomesBuying and SellingCondosDecoratingRenovatingGardeningVacation HomesParentingRelationshipsTravelRoyalsPuzzles ComicsContestsObituaries Browse Notices Place an Obituary Place an In Memoriam Classifieds Place a Classifieds Ad Celebrating Real Estate Local Directory FlyerCityCareers DrivingHealthingThe GrowthOpePaper My Account Our Offers Home Delivery FAQ Allison Lampert and Mike StoneOct 31, 2019 2 minute readBombardier will sell its aerostructures business to Spirit AeroSystems for more than US$700 million in cash and debt. Denis Balibouse/Article Sidebar Share CloseShare this Story: Bombardier to sell aerostructures unit to Spirit AeroSystems Copy Link Email Facebook Twitter Reddit Pinterest LinkedIn TumblrArticle contentMONTREAL/WASHINGTON Canada’s Bombardier said on Thursday it had agreed to sell its aerostructures business to Spirit AeroSystems for more than $1 billion in cash and debt.As part of the deal, Bombardier will sell two aerostructure facilities the Belfast plant and another in Morocco along with a smaller repair plant in Dallas.The move is part of the Canadian company’s plan to shed its commercial aviation business to focus on its higher margin business jets and rail divisions.Article content continuedAnalysts have said a deal would be strategic for Spirit, an aerospace components maker, as it diversifies its customer base away from Boeing Co.Spirit is Boeing’s largest supplier, but the company has plans to grow its business with Europe’s Airbus. Previously reported that Wichita based Spirit had emerged as the front runner to acquire the facilities.Spirit said the deal will provide the aero parts maker with a backlog of work including long term contracts on Airbus A220 and A320neo planes, along with business and regional jets of Bombardier.. Canada Goose Jackets
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