Airbus Eyes Controlling A220 Jet Costs Amid Pricing Pressure From Suppliers: Report
Portfolio Pulse from Nabaparna Bhattacharya
Airbus plans to control the costs of its loss-making A220 jet while supporting its supply chain, amid pricing pressure from suppliers. The company is trying to reduce production costs but faces higher raw materials and labor costs being passed on by suppliers.
June 22, 2023 | 12:31 pm
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Boeing CEO Dave Calhoun recently expressed frustration over slow progress in resolving supply chain problems, which may indicate ongoing challenges for the company.
Boeing's CEO mentioned that the progress on resolving supply chain problems has been slow. This indicates that the company may continue to face challenges in its supply chain, which could negatively impact its operations and stock price in the short term.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 50
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Airbus faces pricing pressure from suppliers for its A220 jet, as they pass on higher raw materials and labor costs, potentially impacting the company's profitability.
Airbus is trying to control the costs of its A220 jet, but suppliers are passing on higher raw materials and labor costs. This could lead to increased production costs and negatively impact Airbus' profitability in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100