Belfast Bombardier plant on verge of $1bn sale deal - Reports

You are viewing content from Q Mid Antrim 107. Would you like to make this your preferred location?

Thursday, 31 October 2019 at 07:25

By David Hunter

Q Radio news

There are reports Bombardier is in talks to sell its Belfast wing-making operations to an American firm in a 1-billion-dollar deal.

The Canadian manufacturer employs more than 3-and-a-half thousand people in its Northern Ireland division - which it put up for sale in May.

Two other factories - in Morocco and Dallas - would be included in the sale to Spirit AeroSystems.

The Reuters news agency says confirmation could come later today.

Neither company has commented on the speculation.

The Belfast Bombardier factory builds wings for Airbus planes, and is the largest hi-tech manufacturer in Northern Ireland.

The company is in the process of restructuring after a turbulant period which resulted in hundreds of job losses several years ago.

Comments

Display Name *

Location *

Email Address *

Comment *

Rating *

I have read and agreed to the privacy policy and terms & conditions *

Sign up for the Thank Q Club and receive exclusive offers, fun competitions and amazing prizes - it's quick and easy to do!

Download the Q Radio app to keep listening, wherever you are! It's available on Apple and Android devices.

Download from the App Store Download from Google Play