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

Loading...
Loading...
  • 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.
  • Photo via Wikimedia Commons
Market News and Data brought to you by Benzinga APIs
Posted In: NewsBriefs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...