Best of Times, Worst of Times for Aviation Manufacturers
Supply chain woes, propelled by labor shortages, are curbing a booming industry.

The booming aircraft business has continued throughout the year with book-to-bill ratios remaining well above 1:1 and in some cases 2:1. Textron Aviation saw its backlog swell by $700 million alone in the second quarter to $5.8 billion. This sentiment was shared by many manufacturers.

Yet in July, Pete Bunce, president and CEO of the General Aviation Manufacturers Association, testified before the House aviation subcommittee that “I have never seen a time where the manufacturers and maintenance organizations are under such tough times.”

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