Boeing in Talks to Reacquire Spirit Aerosystems to Fix 737 Max Production Issues
• Boeing in talks to reacquire fuselage maker Spirit Aerosystems to address production flaws in 737 Max jets • Spirit's stock jumped 13% on news; makes 70% of revenue from Boeing • Repurchase talks follow January incident where section of 737 Max blew out mid-flight, grounding planes • Fuselage flaws include incorrectly drilled holes and spacing issues; slowed deliveries to airlines • Boeing spun off Spirit's Kansas and Oklahoma operations in 2005; Spirit also makes parts for Airbus