Irish aviation chief criticises Boeing and Airbus over aircraft delays, warns it will take years to catch up

Peter Barrett, the head of SMBC Aviation Capital, tells Dublin aviation conference: ‘Manufacturers always say it’s someone else’s fault’

Peter Barrett, chief executive officer of SMBC Aviation Capital, said global shortages of aeroplanes will continue for years. Picture: Getty

Global shortages of aeroplanes and aircraft parts will continue to impact lessors and airlines for a number of years, according to the chief executive of SMBC Aviation Capital, the world’s second-biggest leasing company.

Peter Barrett today told delegates at the Airline Economics conference in Dublin that the issues facing airlines due to delivery delays from manufacturers “will improve but it will take time”.

“What the OEMs [original equipment manufacturers] promise and what they do actually ...