financetom
Business
financetom
/
Business
/
Airbus getting better at managing supply chain disruptions, senior executive says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Airbus getting better at managing supply chain disruptions, senior executive says
Mar 31, 2025 3:19 AM

TAOYUAN, Taiwan (Reuters) - Disruptions to the supply chain that are delaying aircraft deliveries are lessening and Airbus is getting much better at managing it, a senior company executive said on Monday.

The European planemaker, which delivered 766 jets last year, roughly in line with its target, has been facing industrial delays due partly to problems in the aerospace supply chain, which have also hampered the recovery of embattled U.S. rival Boeing ( BA ).

Speaking to reporters in Taiwan, Airbus commercial aircraft executive vice president of sales Benoit de Saint-Exupery said it is taking a long time for the supply chain to get back on track, with a lot of disruptions in many suppliers.

"We think that those disruptions are going to continue a little bit longer unfortunately but we have a much better handle (on it) and we are managing that supply chain with much more anticipation than before thanks to the learning we had during the pandemic," he said.

"I view it as getting better but it will take a bit longer before it comes back to where it was before the pandemic."Right now the main bottlenecks are engines, he said, speaking at a hotel at Taiwan's main international airport in Taoyuan.

"We're not getting the engines that we need to deliver the aircraft."

De Saint-Exupery was in Taiwan to sign an order with the island's larger carrier China Airlines for 10 Airbus A350-1000s.

In December, China Airlines said it would split an order for its long-haul fleet renewal between Boeing ( BA ) and Airbus and buy freighters from the U.S. planemaker in a closely watched deal worth almost $12 billion.

China Airlines said it would buy 10 Boeing 777-9 aircraft and 10 Airbus A350-1000s as well as four 777-8 freighter aircraft for $11.9 billion at list prices, with deliveries for the new aircraft starting from 2029.

"We were competing for the entire order but we knew it was going to be difficult," de Saint-Exupery told Reuters. "The airline is a (Boeing) 777-300 operator so their decision has some sense."

China Airlines Chairman Kao Shing-hwang said the new A350s, which will complement its existing fleet of 15 the smaller A350-900 model, would enable the carrier to add capacity on popular long haul destinations like New York and London, adding passenger and freight demand were both strong at present.

"I believe we'll get a great report card for both passengers and freight" this year, Kao added.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
KB Homes Opens New Gated Community Near San Diego
KB Homes Opens New Gated Community Near San Diego
Oct 11, 2024
09:24 AM EDT, 10/11/2024 (MT Newswires) -- KB Home ( KBH ) said Friday it has opened the new Cypress Point gated community in Oceanside, California. The two-story, four-bedroom new homes in the greater San Diego area are priced starting slightly above $900,000, KB Homes said. ...
Perspective Therapeutics Says Initial Data Show Potential Melanoma Therapy's Safety, Efficacy
Perspective Therapeutics Says Initial Data Show Potential Melanoma Therapy's Safety, Efficacy
Oct 11, 2024
09:23 AM EDT, 10/11/2024 (MT Newswires) -- Perspective Therapeutics ( CATX ) said Friday that initial results from a phase 1/2a study showed that its investigational radiopharmaceutical VMT01 is safe with no dose-limiting toxicities and leads to prolonged progression-free survival and tumor response in heavily pretreated patients with melanoma, allowing trials to expand. The results were consistent with preclinical findings,...
KB Home Opens New Home Community in Washington State
KB Home Opens New Home Community in Washington State
Oct 11, 2024
09:22 AM EDT, 10/11/2024 (MT Newswires) -- KB Home ( KBH ) said Friday it has opened a new home community, Winslow Ridge, in Poulsbo, Washington, with one- and two-story floor plans. Prices for the homes start from the low $600,000s, the homebuilding company said. ...
JPMorgan Chase Third-Quarter Results Top Views Amid Investment Banking Gains
JPMorgan Chase Third-Quarter Results Top Views Amid Investment Banking Gains
Oct 11, 2024
09:18 AM EDT, 10/11/2024 (MT Newswires) -- JPMorgan Chase's ( JPM ) third-quarter earnings unexpectedly rose year over year while revenue topped market estimates, buoyed by gains in its investment banking operations. The lender's per-share earnings rose to $4.37 from $4.33 a year earlier, surpassing the consensus on Capital IQ for $3.98. Consolidated revenue advanced 7% year over year to...
Copyright 2023-2026 - www.financetom.com All Rights Reserved