Press Release: Aar Celebrates Airframe Mro Expansion In Oklahoma City, Prepares To Induct Additional Alaska Airlines Aircraft

Investing.com -- The CEO of aircraft leasing giant SMBC Aviation has publicly called on Airbus (EPA:AIR) and other manufacturers to resolve persistent supply chain problems and meet delivery deadlines.

Speaking at the Airline Economics conference on Monday, Peter Barrett emphasized the need for predictability in aircraft deliveries after six years of disruptions.

"I think delivery: I’ve said this to him privately and I’m happy to say it publicly," Barrett told Reuters, referring to the new head of Airbus’ jet division who made his debut appearance at the conference. "We all understand the challenges that COVID brought, but ultimately people need a degree of predictability and certainty."

Barrett acknowledged that both Airbus and Boeing are making progress but stated they are "not where they need to be." He extended this assessment to engine manufacturers as well.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Investing.com -- Airbus SE (EPA:AIR) will evaluate technology before making a decision on whether to use single or dual engine sourcing for its next generation of aircraft, according to the company’s Commercial CEO.

The statement comes as AerCap’s CEO urged Airbus to prioritize fulfilling its current commitments before launching any new products.

The AerCap CEO also indicated that he does not see fundamental market demand for a larger version of the Airbus A220 model.

These comments highlight ongoing discussions about Airbus’s future product strategy and supplier relationships as the aircraft manufacturer considers its next steps in aircraft development.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.