Market Chatter: Boeing, Airbus Facing 'Unprecedented' Delays in Aircraft Certification, Delivery

MT Newswires Live

Oct 14

Boeing (BA) and Airbus are facing "unprecedented" delays in certifying and delivering aircraft, Bloomberg News reported Tuesday.

"For some long-haul airplanes, we've been waiting for certification for seven or eight years, which is unprecedented," Air France-KLM Chief Executive Officer Ben Smith said in an online press conference, according to the report. "I don't think any of us have too much hope that it's going to get better in the short term."

The delays are being exacerbated by the US government shutdown, which has stopped aircraft inspections, the report added.

Boeing and Airbus did not immediately respond to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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