Airbus CEO Anticipates Engine Delivery Delays To Peak Mid-Year: Reuters

July 18, 2022 7:48 AM | 1 min read |

Airbus SE EADSY Chief Executive Guillaume Faury expects delays in engine supplies that have been holding back aircraft deliveries to peak at mid-year, reported Reuters.
Airbus has been compelled to build several narrow-body A320 neo-family jets without engines to keep assembly lines operating.
Also Read: Airbus, Delta Explore Expanding A220 Jet Order: Reuters
"It's going to peak probably mid-year, and then we think we'll get more engines in the second half," Faury told Flightglobal in an interview.
Price Action: EADSY shares closed higher by 3.87% at $26.02 on Friday.
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