Airbus may delay some jet deliveries in 2023 – Reuters source

© Reuters. FILE PHOTO: The Airbus logo is pictured at the entrance of the Airbus facility in Bouguenais, near Nantes, France, July 2, 2020. REUTERS/Stephane Mahe

By Tim Hepher

PARIS (Reuters) -Airbus is preparing the ground for further delays to the planned delivery date of some midsize jets in 2023 even as it races to meet delivery targets for 2022. supply chain and labor issues, three industry sources said.

The dual-speed approach comes amid uncertainty over the supply of engines for new aircraft production as well as other parts and labor, they added, requesting anonymity.

An Airbus spokesman said it had no comment on deliveries ahead of its next monthly newsletter in early December.

Analysts say the aerospace industry is grappling with a series of simultaneous problems with multiple knock-on effects.

Jet and engine manufacturers are grappling with supply chain and labor issues, but repair shops around the world are also needed to help airlines meet demand. recover faster than expected by keeping existing aircraft operational.

The deadlock over repair capacity has grounded dozens of planes because their engines were not overhauled late, and that has created competition for engines between new aircraft assembly lines and and spare parts for the existing fleet.

Sources say at least one engine maker is under renewed pressure to shift more engines from supporting aircraft production to a fleet of parts for existing customers.

Airbus produces A320-neo family jet with engine choice from general electricity (NYSE:) and Safran (EPA:) joint venture CFM International or unit Raytheon Technologies (NYSE:) Pratt & Whitney. Boeing (NYSE:) only uses CFM for its 737 family of aircraft.

According to Ascend by Cirium’s head of global consulting, Rob Morris, there are currently about 129 Pratt-powered Airbus jets and 55 of CFM’s LEAP engines that are idle pending repair.

Neither engine maker was immediately available for comment.

In October, Airbus and Safran issued a more upbeat note on recently disrupted engine supplies than Boeing, which said in its quarterly earnings report that engines were the company’s main constraint. surname.

At the same time, engine industry sources insist difficulties on their side of the fence are not the only cause of delays.

One executive said that jet makers have struggled to complete other parts on time, including showrooms and restrooms.

In July, Airbus said it would hit its interim production target of 65 A320 family narrow-body aircraft per month by early 2024 instead of summer 2023. It has set a target of 75 per month by 2025.

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