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)
Tag: parts
Russian Air Industry No Longer Able to Source Parts, Maintenance for Foreign-Made Aircraft
CNN reported, “Sanctions imposed by the United States and the European Union mean that the world’s two major aircraft makers, Boeing (BA) and Airbus (EADSF), are no longer able to supply spare parts or provide maintenance support for Russian airlines,” which is also “true of jet engine makers.” One expert said the result will be that “within a year[,] Russia will cease to have any kind of viable airline industry.”
Full Story (CNN)