Merger

The Federal Trade Commission has issued a landmark decision that could reshape Boeing’s acquisition of Spirit AeroSystems, requiring the aerospace giant to divest critical manufacturing operations to address competitive concerns. Under the consent order announced December 3, 2025, Boeing must sell Spirit’s aerostructures business in Subang, Malaysia to Composites Technology Research Malaysia (CTRM), along with all associated assets and personnel. The $8.3 billion acquisition, which Boeing announced in July 2024, aimed to reintegrate its former parts supplier and bring significant manufacturing in-house. Spirit AeroSystems is among the world’s largest producers of fuselages, wings, and aerostructures, supplying approximately 70% of the structural components for Boeing’s 737 series while also providing critical parts to competitor Airbus.

Republic Airways Holdings announced on November 25, 2025, the successful completion of its merger with Mesa Air Group, a landmark transaction that creates the second-largest regional airline in the United States. The merger agreement, first announced on April 7, 2025, received stockholder approval on November 17, 2025, marking a significant consolidation in the regional aviation sector. Under the merger terms, Republic Airways shareholders retain approximately 88% ownership of the combined company, while Mesa shareholders hold between 6% and 12%, contingent upon the final settlement of Mesa’s pre-closing obligations. The transaction creates a unified organization comprising more than 8,000 aviation professionals dedicated to expanding regional air service across North America.