Dhaka, April 29 -- Airbus has finalized a deal to acquire select assets from Spirit AeroSystems, the companies announced Sunday (April 27), marking a key step in the transatlantic breakup of the troubled supplieralongside U.S. rival Boeing.

The U.S. planemaker agreed last year to buy back the aerosructures giant it spun off two decades ago for $4.7 billion in stock, while Airbus moved to take on the supplier's loss-making Europe-focused activities.

Airbus would provide non-interest bearing credit lines worth $200 million to Spirit as a part of the deal,the companies said in separate statements.

Airbus would provide non-interest bearing credit lines worth $200 million to Spirit as a part of the deal,the companies said in separate st...