From CNBC: 2024-07-30 08:52:07

The Farnborough International Airshow lacked major airplane orders, with focus on Boeing and Airbus production struggles post-pandemic. Analysts predict issues could take years to resolve, leading to delays and a shortage of fuel-efficient planes.

Boeing registered 96 orders, Airbus 266, a far cry from 826 orders last year. Manufacturers face parts shortages from landing gear to engine components and complex cabin interiors. Airbus is increasing hands-on approach among suppliers to address issues and avoid future supply chain problems.

Boeing and Airbus are grappling with a shortage of skilled workers due to Covid-19 layoffs and retirements. Training new workers remains a major challenge, with wages needing a reset to attract more workers. The industry faces a three-to-five year issue and could lead to aerospace work moving abroad for availability of labor.



Read more at CNBC: Boeing, Airbus orders muted amid supply chain woes