AviTrader sponsorship ad

Airbus facing jet delivery cutbacks in 2023 owing to competition for engines

Take-off of A320neo aircraft ©Airbus

While Airbus is currently remaining quiet until it releases its next delivery bulletin in December, unnamed internal sources have commented that the European plane manufacturer is expecting to face further delays in 2023 for the delivery of its medium-haul aircraft owing to supply chain and labour problems, predominantly focused on the supply of engines. Part of the cause relates to further supply chain problems being faced by engine manufacturers which has seen them face an unusual dilemma.

The rapid return to service of many aircraft after being grounded during the pandemic has caught many repair shops off guard and, consequently, they are placing greater-than-anticipated demand on engine manufacturers not just for spare parts, but also spare engines for existing aircraft. This has created competition for engines between assembly lines for new aircraft and spares for existing fleets. Currently there is a logjam of grounded aircraft awaiting engines coming out of overhaul facilities.

In the medium-haul market sector, Airbus produces the A320neo-family jet with a choice of engines from General Electric and Safran joint venture CFM International or Raytheon Technologies’ unit Pratt & Whitney. Boeing uses only CFM engines for its 737 family of aircraft. There are indications that the total number of laid-up A320neo-family jets has risen since early this year, led by Pratt & Whitney-powered versions.

As reported by Reuters news agency, according to Ascend by Cirium’s head of global consulting Rob Morris, currently some 129 Pratt-powered Airbus jets and 55 fitted with CFM’s LEAP engines are parked up. Engine makers have denied that the delay in jet deliveries is being caused by delayed engine supplies but other supply chain problems, such as a shortage of gallies and lavatories.

In July, Airbus said it would reach an interim production goal of 65 A320-family narrow-body jets a month in early 2024 instead of summer 2023. It is still targeting 75 a month in 2025.

Friday April 26, 2024
IndiGo is introducing wide-body aircraft into its fleet with an order for A350-900 aircraft © Airbus
IndiGo, India’s leading airline, has finalised a firm order for 30 A350-900 aircraft, marking a significant expansion opportunity for IndiGo to broaden its network and connect various Indian metros to destinations worldwide. These aircraft will be equipp... Read More »
Friday April 26, 2024
American Airlines has posted a net loss of US$312 million for the first quarter © American Airlines
American Airlines (American) has achieved record first-quarter revenue of approximately US$12.6 billion. However, it reported a net loss of US$312 million. Excluding net special items, the net loss was US$226 million. Despite challenges, American Airlines Grou... Read More »
Friday April 26, 2024
Cassio 330 electric-hybrid aircraft © VoltAero
In a significant advancement for VoltAero’s Cassio e-aircraft family, the company has commenced certification testing for the five-seat Cassio 330’s parallel electric-hybrid powertrain. The powertrain, mounted on a ground-based test bench, incorpor... Read More »
Friday April 26, 2024
H175 helicopter in flight © Airbus Helicopters
GD Helicopter Finance (GDHF), a newly established helicopter leasing and finance firm headquartered in Dublin, Ireland, has finalised a deal with Airbus Helicopters and GDAT for up to 20 H175 helicopters. The agreement comprises ten firm orders and ten options... Read More »
Friday April 26, 2024
LTM has completed its first base maintenance on a Boeing 787 Dreamliner © LTM
Lufthansa Technik Malta (LTM) has achieved a significant milestone by successfully completing its inaugural base maintenance on a Boeing 787 Dreamliner. The completion of the C-check on LOT Polish Airlines‘ B787-9, registered as SP-LSC, follows closely a... Read More »
Friday April 26, 2024
Airbus
Airbus has unveiled its consolidated financial results for the first quarter ending March 31, 2024 (Q1 2024). The company reported robust performance across its commercial aircraft, helicopters, and defence and space divisions. Gross commercial aircraft orders... Read More »
Thursday April 25, 2024
Turkish Airlines will receive six Boeing 737 MAX 8 aircraft from CDB Aviation © AirTeamImages
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing (CDB Leasing), has signed new lease agreements for a fleet of seven additional narrow-body and wide-body aircraft with its existing customer, Turkish Airlines (Turkish), ... Read More »
Thursday April 25, 2024
Condor took delivery of its first A320neo at a ceremony in Toulouse, France © Airbus
Condor, a German leisure airline, has received its inaugural Airbus A320neo on lease from Avolon following a ceremony in Toulouse. This milestone marks the airline’s ongoing fleet modernisation, which already features the A330neo for long-haul routes. By... Read More »
Thursday April 25, 2024
IAG Cargo has transitioned its 160-strong ground vehicle fleet at London Heathrow from diesel to hydrotreated vegetable oil (HVO) © IAG Cargo
IAG Cargo, the cargo arm of International Airlines Group (IAG), has successfully transitioned its 160-strong ground vehicle fleet at London Heathrow from Diesel to hydrotreated vegetable oil (HVO). HVO, derived from plant waste and fully renewable materials, s... Read More »
Thursday April 25, 2024
AJW has acquired one B787-900 Dreamliner © AJW Group
In a new development, AJW Group, a globally renowned independent provider of aircraft component parts, repair, and supply chain solutions, has announced the acquisition of a Boeing 787-900 Dreamliner. AJW Group has solidified its position with the acquisition ... Read More »
Thursday April 25, 2024
IBA predicts that the engine CFM56-7B is seeing the highest market value change with an increase of around 20% from 2023 to 2024
Aviation market intelligence and advisory company IBA has revealed that with rising engine lease rates and market values showing double-digit growth, the engine sector is now a “lessors’ market”. The latest IBA analysis shows that engine leasing activity... Read More »
Thursday April 25, 2024
Boeing has posted a first-quarter loss of US$355 million
Boeing, on April 24, disclosed a US$355 million loss for the initial three months of the year, grappling with a quality dilemma stemming from a January 5 flight where a panel detached from one of its aircraft. The reported loss, though significant, was less se... Read More »
Wednesday April 24, 2024
Ascent AeroSystems all-weather coaxial helicopter drone © Robinson Helicopter Company
Robinson Helicopter Company (RHC) has completed the acquisition of Ascent AeroSystems, which now operates as a wholly owned subsidiary of Robinson Helicopter Company. This strategic move underscores Robinson’s commitment to advancing innovation, expediti... Read More »
Wednesday April 24, 2024
JetBlue
JetBlue, ‘New York’s Hometown Airline®’, has unveiled its financial performance for the first quarter ending March 31, 2024. The airline disclosed a net loss of US$716 million, representing a year-on-year revenue decline of 5.1% to US$2.2 billion. As of... Read More »
Wednesday April 24, 2024
Spirit AeroSystems Wichita, Kansas
Spirit AeroSystems has disclosed an agreement with Boeing, whereby the aerospace giant will furnish advance payments totalling US$425 million, according to REUTERS news agency. This agreement aims to assist Spirit in addressing challenges such as elevated inve... Read More »
Wednesday April 24, 2024
RTX
RTX has reported first-quarter sales of US$19.3 billion, marking a 12% increase over the previous year. GAAP EPS rose by 32% to US$1.28, which included various adjustments such as acquisition accounting adjustments, tax audit settlements, and gains related to ... Read More »
Wednesday April 24, 2024
The new five year support contract was signed during MRO Americas in Chicago © Fokker Services Group
During the MRO Americas event, Fokker Services America (a subsidiary of Fokker Services Group, FSG) and HAECO have signed a component service support agreement for a duration of five years. This agreement positions FSG to deliver exceptional component servicin... Read More »
Wednesday April 24, 2024
Codeshare flights between ANA and Air India to connect Japan and India will begin in May 2024© ANA
All Nippon Airways (ANA) and Air India, India’s national flag carrier, have formalised a commercial agreement signalling the commencement of a codeshare partnership facilitating connectivity between Japan and India. Commencing on May 23, this collaborati... Read More »
Tuesday April 23, 2024
Robins Hayes
Robin Hayes, the former CEO of JetBlue Airways, has been selected to succeed C. Jeffrey Knittel as Chairman and Chief Executive Officer of Airbus Americas, effective June 3, 2024. Hayes, with a wealth of experience in global aerospace leadership, will take the... Read More »
Tuesday April 23, 2024
Beechcraft King Air 260 Multi-Engine Training System (METS) T-54A for the U.S. Navy © Textron Aviation
Textron Aviation has supplied the first two of potentially 64 Multi-Engine Training System (METS) Beechcraft King Air 260 aircraft contracted by the Naval Air Systems Command (NAVAIR) on January 25, 2023, after a comprehensive competitive process. The Beechcra... Read More »
MRO Americas 2024

2023 MEDIA KIT

Aviation Media Pack

Learn more on how AviTrader can expand your market

Please contact

Tamar Jorssen
Vice President Sales & Marketing
+1.778.213.8543
[email protected]
Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada

Subscribe to the most widely accepted news source in the aviation industry!


Free Daily, Weekly and MRO Publications delivered to your Inbox!
News Alerts, Editorials, Marketplace, Executive Interviews +more

Select publications:

*we respect your privacy and AviTrader will not share your email address to any 3rd Parties.

Scroll to Top
AviTrader

FREE
VIEW