Boeing Halts Russian Titanium Purchases as Airbus Keeps Buying
- Russia’s invasion of Ukraine threatening global supply chains
- U.S. planemaker has ‘sufficient supply’ to keep building jets
Photographer: Stuart Isett/Bloomberg
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Boeing Co. has halted titanium purchases from Russia while rival Airbus SE continues to source from the country, highlighting the uncertain path for aerospace manufacturers following the invasion of Ukraine.
Boeing said it doesn’t anticipate a major disruption to aircraft output in the near term, after an initiative in recent years to diversify its metal sourcing arrangements. The decision to stop purchases comes after the U.S. planemaker said last week that it would suspend major operations in Moscow.