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Airbus chief says supply chain crisis will last until 2023

Guillaume Faury cites other sector-wide challenges of components, labour shortages and inflation

Airbus expects the supply chain crisis gripping the global aerospace industry to last until next year while suppliers struggle to increase production as the world emerges from the pandemic.

Guillaume Faury, chief executive of the world’s largest plane maker, said the crisis would not be resolved in the next two or three months.

“We guess, a year as an order of magnitude. We have difficulties to believe that in two years from now it’s not going to be resolved. This is not unusual. It is just the depth and magnitude of what’s happening [which] is more than what we’ve seen in previous crises,” Faury told the Financial Times at the Farnborough Air Show.

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