Airplane Engine Makers Called Out for ‘Gouging’ at Rio Summit

Aircraft engine suppliers found themselves at the receiving end of some choice words from aviation executives at this year’s annual gathering in Rio de Janeiro, with the director general of the industry’s lobby group accusing the manufacturers of price gouging.

“My message to the engine OEMs is simple — stop gouging us and get back to making great engines that work and that last,” International Air Transport Association Director General Willie Walsh said on Sunday. “Allowing these failures to extend into the next decade is totally unacceptable to the customers.”

In total, the supply chain failures across the industry from ...