financetom
Business
financetom
/
Business
/
Boeing, Airbus need to do more to reduce new jet delays, Qatar Airways CEO says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Boeing, Airbus need to do more to reduce new jet delays, Qatar Airways CEO says
May 15, 2024 3:54 AM

SEOUL, May 15 (Reuters) - Planemakers Airbus

and Boeing ( BA ) need to put more pressure on their suppliers

to reduce the delivery delays of new aircraft that are hindering

airlines' ability to meet travel demand, Qatar Airways CEO said

on Wednesday.

"We are ... really trying our best to assist both Boeing ( BA ) and

Airbus and try to find solutions for them to make sure they

deliver," Badr Mohammed Al Meer said on a panel at the Qatar

Economic Forum in Doha.

"I know they're under so much pressure when it comes to the

supply chain market .. But they need to put more pressure on

those suppliers to make sure that airlines stop the bleeding,"

he said.

Demand for air travel has rebounded since the pandemic, but

planemakers are struggling to get back to previous production

levels due to disrupted supply chains and a safety crisis at

Boeing ( BA ).

Qatar Airways is unable to meet high post-COVID demand for

travel because of the shortage of new aircraft, Meer said.

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 >
Skyharbour to Drill up to 18,000 Meters at Russell Lake and Moore Uranium Projects
Skyharbour to Drill up to 18,000 Meters at Russell Lake and Moore Uranium Projects
Jan 16, 2025
09:01 AM EST, 01/16/2025 (MT Newswires) -- Skyharbour Resources ( SYHBF ) on Thursday said it plans to drill between 16,000 metres to 18,000 metres at its Russell Lake and Moore Uranium Projects in 2025. At the Russell Lake Uranium Project, which is majority owned by Skyharbour as operator with minority joint-venture partner Rio Tinto Exploration Canada, the company is...
Core Natural Resources Temporarily Halts Longwall Mining at Leer South
Core Natural Resources Temporarily Halts Longwall Mining at Leer South
Jan 16, 2025
08:59 AM EST, 01/16/2025 (MT Newswires) -- Core Natural Resources ( CNR ) said Thursday it is temporarily sealing the active longwall panel at its Leer South mine to address isolated combustion-related activity. The company said it is working with regulators and implementing measures to manage the issue. Core Natural said that development on future longwall panels will progress during...
Sector Update: Consumer
Sector Update: Consumer
Jan 16, 2025
08:52 AM EST, 01/16/2025 (MT Newswires) -- Consumer stocks were mixed pre-bell Thursday as the Consumer Staples Select Sector SPDR Fund (XLP) was 0.1% higher and the Consumer Discretionary Select Sector SPDR Fund (XLY) was recently down 0.3%. Life Time Group Holdings ( LTH ) shares rose past 9% after the company said it expects Q4 adjusted earnings and revenue...
GoGold Study Values Los Ricos Project in Mexico at US$355 Million
GoGold Study Values Los Ricos Project in Mexico at US$355 Million
Jan 16, 2025
08:59 AM EST, 01/16/2025 (MT Newswires) -- GoGold Resources ( GLGDF ) released Thursday the results of its feasibility study for the Los Ricos South project in Mexico. The study outlined an after-tax net present value of US$355 million based on a 5% discount rate, with a 28% internal rate of return. The project is expected to produce 80 million...
Copyright 2023-2026 - www.financetom.com All Rights Reserved