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Rabat – US company Spirit AeroSystems Holdings is in talks with Bombardier to purchase the company’s facilities in Belfast and Morocco, Reuters reported on Thursday, October 3.
The news outlet quoted two sources familiar with the case, emphasizing that the company has emerged in the front “ has emerged as the front-runner” to acquire the two aeronautics facilities in Morocco and Belfast.
The US company has not yet reached an agreement with Bombardier for the facilities.
Bombardier announced its decision to sell its facilities in May. BNN Bloomberg reported that the Canadian aerospace giant intends to place its focus on private jets and trains.
The company decided to create a new division of the company, Bombardier Aviation.
Bombardier Aviation is set to bring together “all aerospace assets into a single, streamlined and fully integrated business.”
The company recognized the significant work done in its two facilities in Morocco and Belfast.
“We are recognized as a global leader in aerostructures, with unique end-to-end capabilities – through design and development, testing and manufacture, to aftermarket support.”
Read Also: El Othmani Says Canada’s Bombardier ‘Not Completely Leaving’ Morocco
The Bombadier’s facility in Morocco employs at least 300 people, while 3,600 more work in the Belfast factory.
If the agreement is concluded, Spirit AeroSystems Holdings will join other important aeronautics companies operating in Morocco, such as Boing, Safran, and others.
Morocco’s foreign exchange office announced in 2018 that the Moroccan aviation industry earned more than MAD 9.78 billion ($1 billion) in the first 11 months of 2017, compared to MAD 8.42 billion ($870 million) in 2016, an increase of 16%.
Morocco sees the aeronautics industry as one of its key economic pillars that could curb unemployment. Several recent reports extolled the industry of aeronautics, including Oxford Business Group. The group forecasted a flourishing future in Morocco’s economy, thanks to aeronautics and the automotive sector.
Spirit already has facilities in Tulsa, McAlester, Oklahoma, Kinston, North Carolina, Malaysia, and France.
The company’s key products include, “fuselages, pylons, nacelles, and wing components,” Spirit Aero said.
The US company also provides maintenance, repair, and overhaul services.
