Sept 11 (Reuters) - Growth in Honeywell's ( HON )

aerospace business next year will be determined by its ability

to supply parts to Boeing ( BA ) and Airbus, not

demand, the industrial giant's CEO said at a conference on

Wednesday.

Demand for aircraft parts remains strong but shortages of

parts and labor persist, hobbling the industry's capacity to

capitalize on an aviation boom.

On Tuesday, the chairman of another aerospace supplier RTX

sounded the alarm on global supply chains in the wake of

the COVID-19 pandemic and warned that finding qualified labor

for in-demand jet industry production lines remains a "huge"

challenge.