Although there is a shortage of aircraft, airlines all over the world are in severe need of new jets. The demand for new aircraft has been difficult for Boeing and Airbus to meet, and as a result, there is a severe shortage affecting the airline industry.
It’s hard for airlines right now. They are in dire need of new aircraft to meet the rising demand for air travel, but there aren’t enough of them on the market right now.
New single-aisle aircraft, which are frequently used for short-haul flights inside the United States or elsewhere, are being delivered months late by Boeing Co. and Airbus SE.
In order to fulfil the steadily increasing demand and arrange their schedules, carriers are under pressure to increase the number of flights they offer.
“The demand for single-aisle jets to exceed the plane makers’ supply for at least the next three years.”
Steven Udvar-Házy, executive chairman of Air Lease Corp
For its most recent two B737 MAX models, Boeing is dealing with supply issues in addition to regulatory concerns. According to current federal regulations, if Boeing doesn’t fix the B737 MAX issue by the end of the year and the planes aren’t authorised by 2022, a cockpit redesign would be necessary.
Airbus, on the other hand, declined to comment but pointed to previous assertions made by executives that they are resolving supply-chain issues. The corporation has stated that it anticipates it will be difficult to reach its delivery goals for this year.
Although both aircraft manufacturers are almost equally behind on delivery, Mr. Morris of Cirium claims that Boeing is producing new 737 MAX jets at a slower rate than Airbus is doing with its equivalent single-aisle aircraft.
According to Boeing CEO David Calhoun, the aircraft manufacturer halts the manufacturing of its 737 anytime vendors run out of parts or deliver subpar products. In contrast to Airbus, Boeing has stated that it will not build new aircraft without engines.
Along with brand-new aircraft, the producer has also begun delivering 737 MAX models from its inventory that were kept during a nearly two-year grounding that followed two tragic incidents in 2018 and 2019.
Boeing stated that it will prioritise being thorough and open with the FAA and that it is committed to complying with all legal obligations.
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