Transportation
Boeing CEO Warns Supply-Chain Constraints Could Last ‘Very Long Time’
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Boeing Co. cautioned that the aerospace industry could suffer from supply disruptions for more than half a decade, delaying deliveries to airlines and hampering the rebound from the Covid-19 pandemic.
“I can see supply constraints for a very long time,” Chief Executive Officer Dave Calhoun, appearing on a panel alongside Qatar Airways CEO Akbar Al Baker, said at the Qatar Economic Forum in Doha on Tuesday. “We have backlogs that go out 5 to 6 years, so if the backlogs would suggest supply constraints that far, that means it’s even further.”