Supply chain troubles reducing aerospace market production. Photo courtesy Airbus
In what is worrisome news for job shops serving the aerospace market, Flight International is reporting that supply chain troubles, particularly with engines, continues to constrict aerospace industry output and is forcing the largest airframers to cut back on their full-year delivery targets.
Flight International reports that Airbus is trimming its delivery forecast for the year from 720 commercial aircraft down to 700. Boeing expects to deliver about 100 fewer 737s this year than originally planned.
Boeing chief executive David Calhoun told Flight International shortages of CFM International Leap-1B engines are slowing Boeing’s 737 production and deliveries.
In addition, Airbus has shifted the ramp-up target for A320neo production, pushing back the timeline for achieving 65 aircraft per month to early 2024. It amounts to a six-month deferral from its original aim to reach this rate in summer 2023.