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When Airbus CEO Guillaume Faury announced on Feb. 18 that the European OEM was reversing years of efforts to outsource aerostructures and would keep Premium Aerotec and Stelia Aerospace within the group, stakeholders likely breathed a sigh of relief.

At least those assets will not be shopped around anymore, a rare reprieve from the ongoing flood of aerostructure divestitures that started before COVID-19 but has picked up pace.

Access exclusive subscriber-only coverage as distressed commercial assets, industry consolidation, red-hot defense niches and macroeconomics will lead to an interesting year in M&As

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Credit: Stelia Aerospace