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Fuselage maker Spirit Aerosystems surges on report that Boeing could buy it back

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Airplane fuselages bound for Boeing’s 737 Max production facility sit in storage at their top supplier, Spirit AeroSystems Holdings Inc, in Wichita, Kansas, U.S. December 17, 2019. 

Nick Oxford | Reuters

Shares of Spirit Aerosystems, the fuselage maker for Boeing’s 737 Max jets, surged Friday after a report that Boeing is in talks to acquire the company.

Spirit’s stock was up 16% following the report, while Boeing’s shares traded relatively flat.

A spokesperson for Spirit told CNBC, “We do not comment on market speculation.” Boeing declined to comment on the report.

The report comes less than two months after a section of Boeing 737 Max 9 plane blew out during an Alaska Airlines flight. The Federal Aviation Administration temporarily grounded all of the planes in January, leading to investigations into the hardware malfunctions.

— CNBC’s Leslie Josephs contributed to this report

This is breaking news. Please check back for updates.



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