Reported 2 days ago
Howmet Aerospace's CEO John Plant announced the need to increase production of engine parts for Boeing and Airbus narrowbody jets due to rising output demands and a growing need for spare parts. This comes as Boeing plans to boost its 737 MAX jet production. However, supply chain challenges persist, and demand for Howmet's fasteners is expected to increase following a fire at a key supplier's facility that reduced capacity.
Source: YAHOO