{"id":70257,"date":"2023-04-18T00:00:00","date_gmt":"2023-04-18T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2023\/04\/18\/airplane-shortages-face-another-hit-from-boeing\/"},"modified":"2023-04-18T00:00:00","modified_gmt":"2023-04-18T00:00:00","slug":"airplane-shortages-face-another-hit-from-boeing","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2023\/04\/18\/airplane-shortages-face-another-hit-from-boeing\/","title":{"rendered":"Airplane shortages face another hit from Boeing"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Boeing could reduce deliveries of new jets, adding to an industry-wide <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.cnbc.com\/2022\/10\/25\/airlines-have-the-passengers-now-they-need-the-planes.html\" style=\"\">shortage<\/a><\/span><span style=\"font-weight:700\">: <\/span><span style=\"\">Boeing warned it is likely to reduce <\/span><span style=\"\">deliveries of its 737 Max planes, after facing issues with one of the plane\u2019s spare parts. <\/span><span style=\"\">While not a safety concern, the problem impacts a significant number of undelivered 737 Max jetliners in production and storage. The 737 family accounted for two-thirds of Boeing\u2019s 1Q 2023 revenues, and the issue led to the company\u2019s stock to experience its steepest decline in more than six months. <\/span><span>The company has faced a string of production issues as of late, as it looks to ramp up production of its best-selling plane amid a rebound in travel. <\/span><span style=\"\">(<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.cnbc.com\/2023\/04\/13\/boeing-warns-of-reduced-737-max-production-and-deliveries-due-to-parts-issue.html\" style=\"\">CNBC<\/a><\/span><span style=\"\"> | <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-04-15\/boeing-s-new-737-woes-are-an-ugly-plot-twist-in-a-comeback-tale?srnd=industries-transportation&leadSource=uverify%20wall\" style=\"\">Bloomberg<\/a><\/span><span style=\"font-weight:400;\">) <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Airlines are repurposing parts from older aircrafts as they wait for new jets: <\/span><span style=\"\">As the <\/span><span style=\"\">summer travel season approaches, airlines are on the hunt for aircraft parts, as new planes from Boeing and Airbus remain in short supply, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.cnbc.com\/2023\/04\/13\/airplane-parts-recycling-booms-as-airlines-wait-on-new-jets.html\" style=\"\">CNBC<\/a><\/span><span style=\"\"> reports. The shortage is spurred by a scramble for labor, which is in shortage since airlines shed workers during the pandemic. To meet demand, some aircraft owners are tur<\/span><span style=\"font-weight:400;\">ning to retired planes for parts, the newswire reports.<\/span><\/p>\n<ul>\n<li><span style=\"font-weight:700\">Hong Kong International Airport (HKIA) was the world's busiest cargo <\/span><span style=\"font-weight:700\">airport in 2022<\/span><span>, handling 4.2 mn tons of cargo during the year. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.aci-asiapac.aero\/media-centre\/news\/hkia-named-the-world-s-busiest-cargo-airport-in-2022#:~:text=Hong%20Kong%20International%20Airport%20(HKIA,Airports%20Council%20International%20(ACI).\" style=\"\">Airports Council International<\/a><\/span><span style=\"font-weight:400;\">)<\/span><\/li>\n<li><span style=\"font-weight:700\">Piracy hits three-decade low in 1Q 2023: <\/span><span style=\"\">Piracy incidents in 1Q 2023 were <\/span><span>at their lowest since 1993, with 27 reported incidents during the quarter, down from 37 during the same period last year, according to data from the ICC International Maritime Bureau. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.seatrade-maritime.com\/piracy\/q1-piracy-hits-30-year-low\" style=\"\">Seatrade Maritime<\/a><\/span><span style=\"font-weight:400;\">) <\/span><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Boeing could reduce deliveries of new jets, adding to an industry-wide shortage: Boeing warned it is likely to reduce deliveries of its 737 Max planes, after facing issues with one of the plane\u2019s spare parts. While not a safety concern, the problem impacts a significant number of undelivered 737 Max jetliners in production and storage. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":70258,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[56],"tags":[145,146,17,55],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-70257","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-logistics-in-the-news","tag-aviation","tag-boeing","tag-enterprise-logistics","tag-logistics-in-the-news","wpautop","entry"],"acf":{"mongo_id":"c0c3c724-4aef-4f59-a72d-099ba633da8c","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/4\/691.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Airplane shortages face another hit from Boeing","related_issue":[70238],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/4\/.96948a0a-2c03-40e7-9d4b-ff3dbe468996.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Airplane shortages face another hit from Boeing - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/logistics\/2023\/04\/18\/airplane-shortages-face-another-hit-from-boeing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Airplane shortages face another hit from Boeing\" \/>\n<meta property=\"og:description\" content=\"Boeing could reduce deliveries of new jets, adding to an industry-wide shortage: Boeing warned it is likely to reduce deliveries of its 737 Max planes, after facing issues with one of the plane\u2019s spare parts. While not a safety concern, the problem impacts a significant number of undelivered 737 Max jetliners in production and storage. 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