Reuters reports that major aerospace companies “are sounding the alarm on their supply chains as shortages ranging from raw materials to castings or semiconductor chips pressure earnings and crimp the industry’s ability to capitalize on roaring travel demand.” Airbus “cut its full-year jet delivery forecast by 3% and slowed a planned increase in factory production, noting pressure on the engine sector.” The Boeing Company “cut estimates for 737 MAX deliveries this year and warned that supply-chain constraints had capped its ability to ramp up production despite ‘significant’ demand.”
Full Story (Reuters)
