Boeing has successfully secured a new stock of fasteners for its 737 MAX jets after a fire at one of its supplier’s factories in February disrupted the supply chain, threatening to delay production of the narrowbody aircraft.
The fire resulted in a shortage of key fasteners, such as nuts and bolts, essential for attaching the landing gear to the 737 MAX. However, sources told Reuters that Boeing has been able to acquire replacement fasteners over the past few weeks, though at higher prices.
A Boeing spokesperson reassured that the company is working to address the shortage but does not anticipate any immediate impact on commercial production. However, two anonymous sources noted that a prolonged fastener shortage could ultimately halt production of the aircraft.
Meanwhile, some fastener suppliers have agreed to take on contracts to provide alternative supplies but are increasing prices to reflect higher costs for materials and labor. Industry executives warned that prices for essential fasteners, which currently cost hundreds of dollars each, could rise by double-digit percentages.
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