Aerospace giants form coalition to stop unauthorized parts from entering supply chain
Reuters
Published Feb 22, 2024 16:20
(Reuters) - Aerospace giants including Airbus, Boeing (NYSE:BA) and GE Aerospace on Thursday announced the formation of a coalition that would aim to prevent unauthorized parts from entering the global supply chain.
The move comes after jet engine maker CFM International, co-owned by GE Aerospace and France's Safran (EPA:SAF), last year said thousands of engine components may have been sold with forged paperwork by British distributor AOG Technics.
The group, Aviation Supply Chain Integrity Coalition, was launched on Thursday and would include senior representatives from American Airlines (NASDAQ:AAL), Delta Air Lines (NYSE:DAL), Safran, StandardAero and United Airlines, according to a statement.
Former National Transportation Safety Board Chairman Robert Sumwalt and former U.S. Transportation Deputy Secretary John Porcari will serve as coalition co-chairs, the statement added.
"Through this coalition, we will work to find lasting solutions that the industry can adopt to improve the overall integrity of the aviation supply chain," Porcari said.
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Written By: Reuters
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