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preCharge News BUSINESS — Airbus on Monday announced it had finalized a deal to take on a batch of assets from struggling U.S. supplier Spirit AeroSystems, largely related to European production of its own commercial aircraft.

The Toulouse, France-based planemaker last year agreed to take on parts of Spirit’s operations, while the wider company is being reintegrated into former parent company Boeing in a $4.7 billion stock deal.

Airbus will take ownership of sites in Kinston, North Carolina, in St. Nazaire, France and in Casablanca, Morocco, which make parts of its A350, A321 and A220 aircraft.

It will also take over production of A220 pylons in Wichita, Kansas, A220 wings in Belfast, Northern Ireland, and wing components for A320s and A350s in Prestwick, Scotland.

Spirit’s Europe-focused operations are currently loss-making, according to Reuters.

Airbus will be compensated with $439 million by Spirit subject to adjustments, the company said, while Airbus has entered into a memorandum of agreement to provide Spirit with $200 million in non-interest bearing lines of credit.

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Associated Press, CNBC News, Fox News, and preCharge News contributed to this report.