Airbus Cuts A220 Production Target Due to Supply-Chain Woes

Core Point - The European plane maker has revised its production expectations for the A220 aircraft, now anticipating to produce 12 units per month next year, a decrease from the previously planned 14 units due to ongoing supply-chain issues [1] Company Summary - The company is facing challenges in its manufacturing operations, primarily attributed to supply-chain snarls [1] Industry Summary - The broader industry is experiencing disruptions that are impacting production rates, highlighting vulnerabilities in supply-chain management [1]