Economic news

Airbus buyers may not wait for their planes

2022.11.25 14:15



Airbus buyers may not wait for their planes

Budrigannews.com – Three industry sources stated that Airbus is preparing for additional delays to the planned delivery dates of some medium-haul aircraft in 2023 despite its race to meet 2022 delivery targets due to supply chain and labor issues.

They added, without naming names, that the twin-speed approach comes at a time when supplies of engines for new plane production, as well as other parts and labor, remain uncertain.

Prior to its subsequent monthly bulletin, which will be issued at the beginning of December, an Airbus spokesperson stated that the company had no additional information regarding deliveries.
Aerospace, according to analysts, is dealing with a number of simultaneous issues that have numerous repercussions.

The global repair shops required to assist airlines in meeting a sharper than anticipated recovery in demand by keeping their existing aircraft in service are also struggling with supply chain and labor issues.

Due to a lack of repair capacity, dozens of planes have been grounded while their engines are still being overhauled. This has led to competition for engines between new aircraft assembly lines and existing fleet spares.

No less than one motor producer is encountering reestablished strain to move more motors from supporting airplane creation to a pool of extras for existing clients, the sources said.

General Electric’s (NYSE:) A320-neo family jets are manufactured by Airbus.likewise Safran (EPA:)CFM International or Raytheon Technologies (NYSE:) joint venturePratt & Whitney as a wholeNYSE: Boeingonly makes use of CFM for the 737 family.

According to Ascend by Cirium’s head of global consulting, Rob Morris, approximately 129 Pratt-powered Airbus jets and 55 equipped with CFM’s LEAP engines are idle at the moment while awaiting repairs.
Neither engine manufacturer responded immediately.

In contrast to Boeing, which stated during its quarterly earnings that engines were its main constraint, Airbus and Safran issued more upbeat statements in October regarding recently disrupted engine supplies.

However, sources within the engine industry maintain that delays are not solely attributable to snags on their side of the fence.

According to one executive, jetmakers have been having trouble delivering galleys and restrooms on time.
Airbus announced in July that, as opposed to summer 2023, it would achieve its interim production goal of 65 A320-family narrow-body jets per month in early 2024.In 2025, the goal is 75 a month.

Airbus buyers may not wait for their planes

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