Airbus reveals extent of supplier crisis, sees issues until 2024

Airbus SE Chief Executive Officer Guillaume Faury said supply constraints will persist until the end of next year as he revealed the full extent of the crisis gripping the firm’s multitude of component producers.

Soaring inflation and energy bills, raw-material shortages, a labor squeeze and disruption to Chinese parts makers amid continuing coronavirus lockdowns are combining to extend disruption, Faury said at a conference in Brussels Tuesday.