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.”
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Tag: Threaten
International Sanctions Threaten MC-21 Jetliner Program
Fortune reports that international sanctions threaten the rollout of Irkut Corp.’s MC-21 jetliner, “due to commence deliveries to Russian airlines this year.” The MC-21 “is the first full-size aircraft designed in Russia since the fall of the Soviet Union more than three decades ago” and features composite wings and a passenger capacity of 211 people. The MC-21 sources avionics, brakes, tires, and its Pratt & Whitney engines from international suppliers, though a version using a Russian produced engine was flown at the Dubai Air Show last November.
Full Story (Fortune)