Aircraft shortages will drag on for years amid persistent delivery delays by the world’s two large plane makers, the heads of some of the world’s largest aircraft leasing companies have warned.
Industry veteran Steven Udvar-Házy, executive chair of Air Lease, said neither Airbus nor Boeing had been able to meet “any of their production targets”. The delivery delays, he told the Airline Economics conference in Dublin, were cascading down through the rest of the supply chain.
Peter Barrett, chief executive of SMBC Aviation Capital, said the industry was still “in for a number of years of unpredictability around the supply chain”.
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