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Supply problems may improve from mid-2023 By Reuters

© Reuters. FILE PHOTO: Airbus CEO Guillaume Faury speaks during a visit of German Economy and Climate Protection Minister Robert Habeck at Airbus research facilities in Hamburg, Germany, January 18, 2022. REUTERS/Fabian Bimmer

BERLIN (Reuters) – Airbus Chief Executive Guillaume Faury said at the ILA Berlin Air Show trade fair on Thursday he expects supply bottlenecks to ease from mid-2023 as crises have usually lasted 12 to 18 months in the past but warned nobody can make such predictions with certainty.

The CEO of Airbus’ archrival Boeing (NYSE:) had said at the same fair on Wednesday he expected the problems to continue until the end of 2023 as the group has a large and complicated supply chain.

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