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European aircraft manufacturer Airbus has agreed to provide an additional $94mn support package to US parts supplier Spirit AeroSystems to stabilise production on Airbus programmes ahead of the acquisition process closing. This brings total support to $152mn, plus $200mn in non-interest bearing lines of credit.
“European aircraft manufacturer Airbus has agreed to provide an additional $94mn support package to US parts supplier Spirit AeroSystems, to enable the company to stabilise its production on Airbus programmes ahead of the acquisition process closing.”argusmedia.com
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