Airline supply chain pressures expected to ease by 2024

CEO Dave Calhoun said supply chain issues hampering global jet production will last until 2024.

Dave Calhoun said it could take until late 2024 to resolve the industry-wide supply chain issues that will allow global jetliner production to return to normal. The CEO also told the Qatar Economic Forum that stability is the top priority for Boeing and its rival Airbus, so it is necessary to thoroughly address the supply chain issues and obstacles surrounding the sector.

Airbus CEO Guillaume Faury made a similar prediction in April. Faury said that the supply chain would not return to normal until at least late 2024 or early 2025.

Boeing CEO Dave Calhoun speaks during the delivery of the last 747 jetliner at their factory in Everett, Washington, US, on January 31. Photo: David Ryder

The 737 narrowbody jet has recently become one of Boeing’s best-selling products. Despite the overall disruption pattern, Calhoun said that orders for the plane will not delay production schedules for other products. But he also stressed that new designs will be difficult to launch in the period between now and 2030.

“The transport aircraft industry is still in a bit of a rut due to some limitations in propulsion and wing design. It will be at least mid-2030 before we, or even our competitors, are able to launch completely new aircraft,” Calhoun said.

Boeing has long been expected to produce a new mid-market plane to replace the 757, which was discontinued several years ago amid stiff competition from larger jets. Calhoun proposed ending the 757 project in early 2020 and wanted a new approach to the design.

However, experts in the field of engine manufacturing, especially jet aircraft design, all agree that it is very difficult to produce a fuel-efficient aircraft. Even Boeing has ambitions to launch a low-emission aircraft to pursue their sustainability goals. It may be a decade before these ideas for fuel-efficient and low-emission aircraft can be realized.

Can Y (According to Reuters )

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