DUBLIN (Reuters) – Delays in deliveries from major aircraft manufacturers are in some cases getting worse, and estimates of delay time can not be trusted, Steven Udvar-Hazy, the executive chairman of Air Lease Corp said on Monday.
“Supply chain bottlenecks, OEM delays .. in some cases, are getting worse,” Udvar-Hazy told the Airline Economics conference, using the term Original Equipment Manufacturer, which is used to refer to large manufacturers such as Boeing and Airbus.
“You can’t trust those notices,” he said of delay notices from aircraft manufacturers are systematically extended.
(Reporting by Conor Humphries, Editing by Louise Heavens)
