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By Murdo Morrison2021-05-19T15:32:00+01:00
Shortages and rising prices of parts are among threats facing the business aircraft industry as the economy recovers from the pandemic.
That is the view of at least two chief executives of aircraft manufacturers who took part in a pre-recorded round-table at the EBACE Connect virtual event today.
Source: Pilatus
Supply chain reliability remains a major risk for airframers, says Pilatus chief executive Markus Bucher
“We are starting to see inflation and the supply chain tightening,” says Ron Draper of Textron Aviation, which owns the Cessna and Beechcraft brands.
He suggests that some suppliers are struggling to restore capacity after much of aviation was grounded during the first wave of Covid-19. They are also being hit by increasing costs of raw materials.
- May 19, 2021, 11:29 AM
While EBACE moved virtually this year, the heads of most of the major business aviation companies joined in participating in an online keynote session where they expressed encouragement about newcomers to the market, but concerns that the pandemic and associated supply chain issues continues to take a toll on the industry. (Photo: David McIntosh)
Business aviation OEMs are increasingly optimistic about an industry rebound with reports of as many as one million customers flying private for the first time during 2020, but the company leaders believe they still face a range of challenges from ongoing restrictions and supply-chain shortages to workforce diversity. The heads of nine OEMs gave their views on how the pandemic has shaped the industry and discussed their outlook on the future during an EBACE Connect Keynote “Lightning Round with the CEOs” session that NBAA president and CEO Ed Bolen said marks a first for the event.