Global shipping and supply chain disruptions are making it harder for corporate planemakers and suppliers to meet resurgent demand for parts, according to industry executives and analysts.
But supply chain strains are increasingly becoming visible for the production of narrow-body jets, which have seen a pick-up in demand due to a recovery in short-haul trips, said Eric Bernardini, global co-head of aerospace, defense and aviation at consultants AlixPartners., filling seats for private operators and expanding order backlogs for planemakers, but straining supply of jets, parts and pilots.
Aerospace companies are experiencing shortages of semiconductor chip and plastics, and paying far more for raw materials like steel and aluminum, Bernardini said. Adequate staffing levels are needed to meet anticipated production increases in 2022 and 2023, said Robert Martin, chief executive of lessor BOC Aviationis keeping more parts available in its warehouses for customers, despite higher carrying costs, said Marsha Woelber, head of customer relations and aftermarket sales for the Brazilian planemaker.
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