Boeing CEO Says Resolving Supply Chain Constraints Is 'Frustratingly Slow Going;' Says Aircraft Makers Will Still Be Constrained 'Five Years From Now' Due To Demand From Airlines
Portfolio Pulse from Benzinga Newsdesk
Boeing CEO states that resolving supply chain constraints is frustratingly slow and aircraft makers will still face constraints five years from now due to demand from airlines.
June 02, 2023 | 12:18 pm
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Boeing's supply chain constraints are slow to resolve, and the company may face constraints for the next five years due to airline demand.
The slow resolution of supply chain constraints and the expected continuation of these constraints for the next five years due to airline demand may negatively impact Boeing's stock price in the short term. This is because the constraints could lead to production delays, increased costs, and reduced profitability.
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