(Reuters) – Raytheon Technologies Corp mentioned on Wednesday its Pratt and Whitney unit may not ship around 70 engines to Airbus SE in the first quarter of 2022 due to casting shortages.
“Pratt will most likely not ship… let’s name it 70 engines to Airbus, due to the casting shortages that we’re seeing,” Raytheon Chief Executive Greg Hayes mentioned on the Barclays Industrial Conference.
Hayes’ feedback affirm stress on provide chains as Airbus raises manufacturing. Reuters reported in January that plane due for supply in 2022 had been already estimated just a few months late, with a danger of some deliveries drifting into 2023.
Forgings and castings are among the many gadgets most severely hit in the aerospace provide chain and have comparatively lengthy lead occasions.
(Reporting by Nathan Gomes in Bengaluru and extra reporting by Tim Hepher in Paris; Editing by Shailesh Kuber)
