Aerospace Parts Suppliers Not Yet Able to Support Airbus, Boeing Needs Written 17 February 2023

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A Boeing 737 (United) and an Airbus A320 (Virgin) | Bill Larkins/Wikipedia; CC BY-SA 2.0

Reuters reports that The Boeing Company and Airbus both have planned increases in jet output in 2023, but a recent Morgan Stanley survey of the aerospace supply chain industry says that will not be easy. The supply chain sector “seeks to speed up its recovery from a pandemic-led slowdown as a travel boom spurs demand for jets, inflationary pressures and labor availability are impeding their progress and have dampened sentiment, the survey showed.” Labor and parts shortages have blunted Boeing and Airbus from realizing their goals for increased jet production rates, with worker shortages cited as being the “biggest constraint” for suppliers.
Full Story (Reuters)