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Airbus sees supply chain crisis by end of 2023

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“The supply chain crisis will be longer than we thought a few months ago, more challenging and more difficult,” said the CEO (Image: Reuters/Stephane Mahe)

The CEO of airbusGuillaume Faury, said that the supply problems will persist until the end of next year, in the midst of a crisis that affects the entire chain of parts manufacturers.

the shot of inflation and energy bills, raw material shortages, a labor crunch and the difficulties faced by Chinese parts makers amid continued coronavirus lockdowns will prolong the crisis, Faury told a conference in Brussels on Tuesday. fair.

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“The supply chain crisis will be longer than we thought a few months ago, more challenging and more difficult,” said the CEO.

“I wouldn’t expect things to start looking up before the middle of next year. And we don’t expect the situation to normalize before the end of next year.”

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While some problems have subsided, such as an engine failure earlier this year that left two dozen aircraft ready to fly, Faury reported a list of issues that still plague production.

The energy crisis will weigh heavily on smaller, electricity-intensive producers such as those making castings and forgings, Faury told the aerospace industry association ASD event.

Chip shortages continue to affect the availability of vital microelectronic components for a wide range of onboard equipment, and a raw material shortage affects everything from wing and fuselage makers to companies making small metal struts.

Source: Moneytimes

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