Supply chain woes aggravated: Airbus

PARIS:

Airbus is stepping up monitoring of its Chinese supply chain after increased disruption resulting from recent pandemic lockdowns, Chief Executive Guillaume Faury said. “The whole worldwide supply chain is complicated at the moment,” he told a news briefing in his capacity as head of France’s Gifas aerospace industry association. Worsening logistical problems in China have added to broader pressures, such as problems in raw material supplies, Faury said. However, he reaffirmed that Airbus plans to raise production of narrow body A320-family jets to 65 a month by the summer of 2023.

Published in The Express Tribune, May 1^st, 2022.

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