CFM engines notably power all The Boeing Company’s 737 MAXs and around half of Airbus’ A320neos. Some Airbus customers have already been warned that aircraft deliveries, already partially slowed by congestion at European factories, could be further delayed by CFM issues, the sources said. For the American, which is producing fewer devices at the moment, the delay has not yet affected production.
“We are working diligently with our suppliers to ease supply chain constraints and are coordinating closely with our cell partners to expedite deliveries and meet customer demand.“said a CFM spokesperson.
Already planned?
An Airbus spokesman said he had nothing to add to recent supply chain statements made during the presentation of the European group’s latest quarterly results. Guillaume Faury, its executive chairman, told analysts on May 4 that he saw “many challenges” in the short term in the supply chain but that he was sufficiently reassured in the medium and long term to confirm the planned increase in production rates.
“We believe Airbus’ guidance reflects these challenges and we do not expect it to be downgraded following what has been revealed.“, explains Chloé Lemarié, who follows the aeronautics sector at Jefferies. The analyst adds that LeehamNews published an article on the A220, saying that Airbus is also facing disruptions in the production of this type of aircraft.
The Airbus share lost 2% to 105 EUR after the opening of the Paris Stock Exchange on Tuesday. Safran was down nearly 3% to EUR 93.22 at the same time.