Spirit AeroSystems divests from Haeco Spirit joint venture in China

Spirit AeroSystems has divested its stake in Haeco Spirit AeroSystems (JinJiang) Co. Ltd, a joint venture with The Haeco Group specializing in composite MRO. The Haeco Group will acquire Spirit's shares and rename the company Haeco Composite Structures (JinJiang) Co. Ltd.

“While the joint venture has been beneficial to both parties for almost a decade, Spirit's MRO strategies for the future dictate that the company divests from the joint venture and the companies operate independently.”prnewswire.com

• 1 source
• prnewswire.comSpirit AeroSystems Exits MRO Joint Venture in ChinaSpirit AeroSystemsApr 10, 2018

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