Spirit AeroSystems’ Belfast operation has posted a staggering $506.9m (£378m) pre-tax loss—the worst in its history—bringing total losses since 2016 to $1.7bn (£1.3bn). Despite an uptick in turnover, mounting inflation, contract liabilities, and falling deliveries have dragged the business deeper into the red.

With Airbus acquiring its share and Boeing set to take the rest after no third-party buyer emerged, the shake-up raises serious questions about Northern Ireland’s role in future aerospace supply chains. Nearly 2,000 jobs hang in the balance as the business transitions to new ownership.


Explore the full story behind the losses, ownership changes, and what's at stake for aerospace in Belfast.