One of the engine options for the Airbus A320neo family, the Pratt & Whitney GTF engine, is under tremendous scrutiny as the manufacturer and its partners work through inspections of around 1,200 of the latest-generation engines. The Maintenance Repair and Overhaul (MRO) shops worldwide are working hard to reduce the turnaround times for the GTF engine.
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An agreement has been reached. Boeing will purchase Spirit AeroSystems in an all-stock transaction, which would value the major supplier at $37.25 per share. At the same time, Airbus and Spirit entered into a separate agreement for the latter to divest its Airbus-related sites.Article: https://simpleflying.com/boeing-buy-spirit-aerosystems-4-billion-stock-airbus-enters-559-million-agreement/