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Exclusive - Boeing takes spare part making from Spirit AeroSystems

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Reuters NEW YORK
Last Updated : Apr 01 2016 | 6:13 AM IST

NEW YORK (Reuters) - Boeing Co said it is ending an agreement with one of its largest suppliers, Spirit AeroSystems Holdings Inc , effectively taking away manufacturing of profitable spare parts used in aircraft repairs.

"Spirit's contract with Boeing allowing them to make and sell spare parts using Boeing intellectual property expired February 29 and will not be renewed," Boeing said in response to questions from Reuters.

(Reporting by Alwyn Scott; Editing by Sandra Maler)

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First Published: Apr 01 2016 | 6:08 AM IST

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