The European planemaker Airbus is helping its suppliers with financial support in an effort to boost aircraft production rates after falling just short of its target in 2024.  

According to The Times, the CEO of Airbus Guillaume Faury told one of its journalists that the company was using the strategy to overcome frustrations in the supply chain caused by issues with engine manufacturers, namely CFM International. 

“We are giving support to the supply chain. It has a financial dimension but that’s not a problem. It is also about human resources deploying people to support supply chain management teams,” said Faury. 

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