Insight: Year End Outlook and 2023 Predictions
The end of the year is nigh, and it is time to summarize where we are and where we are going as an industry. Here’s our viewpoint on the current situation and our forecast of where we are headed in…
Tag supply chain
Airbus confirms 700 deliveries are out of reach
Supply chain constraints make it impossible for Airbus to maintain its guidance for 700 aircraft deliveries in 2022, the airframer confirmed on December 6. Including November deliveries, 563 aircraft have been delivered this year. This would leave 137 to go to…
Spirit AeroSystems to reduce costs as MAX rates remain low
Tier-1 supplier Spirit AeroSystems is to initiate a cost reduction program to reduce structural costs and improve profitability and cash flow in 2023. It says it needs to as production rates of the Boeing 737/MAX remain around 31 per month, Spirit…
Safran upholds target of 2.000 CFM LEAPs next year
Engine maker Safran upholds its target that it will be able to deliver 2.000 CFM LEAP engines in 2023, despite suffering from continued supply chain and labor constraints. For this reason, CFM, which is jointly owned by Safran and General Electric,…
Supply chain, labor and inflation cause headaches for engine makers
Engine makers Pratt & Whitney and General Electric continue to suffer from supply chain and labor issues. Although there seem to be some stabilization and engine deliveries were higher in Q3 than in previous quarters, both OEMs are confronted with the…
ALC boss not sure launching the A220-500 is a smart thing to do
Air Lease Corporation (ALC) Chairman Steven Udvar-Hazy isn’t convinced that Airbus should launch a stretched version of the A220, the -500. He thinks the risk is too high that the A220-500 would erode the success of the A320neo and Airbus…