Struggling Aerospace Suppliers May Not Be Able to Support Jet Output Hikes: Survey
Meeting Boeing Co. and Airbus SE’s planned jet output hikes this year will not be a “slam dunk” for the aerospace supply chain, a Morgan Stanley survey of 80 suppliers showed on Thursday.
While the aerospace sector seeks to speed up its recovery from a pandemic-led slowdown as a travel boom spurs demand for jets, inflationary pressures, and labor availability are impeding their progress and have dampened sentiment, the survey showed.
“This comes as a surprise as we would have expected for sentiment to improve considering the industry focus on labor, inflation, and supply chain,” Morgan Stanley analyst Kristine Liwag said in a note….