CFDs are a leveraged product and can result in losses that exceed deposits. Please ensure you fully understand how CFDs work and what their risks are, and take care to manage your exposure. CFDs are a leveraged product and can result in losses that exceed deposits. Please ensure you fully understand how CFDs work and what their risks are, and take care to manage your exposure.

Boeing moves aircraft spare parts as it adjusts to Brexit

The airline manufacturing company is moving its aircraft spare parts to cushion on supply problems expected post-Brexit.

Aircraft manufacturing company Boeing has been moving some of its plane parts between its distribution centres in the United Kingdom and other parts of the world to cushion on supply problems expected post-Brexit.

Mr Ken Shaw, the head of supply chain management for Boeing’s services business told Reuters at the Australian International Airshow the firm is having spare parts ‘positioned in the right place(s)’.

‘We are continuously looking at the demand signals because we didn't have to worry about it before between the London distribution centre and shipping a part to France. Now we are having to be more purposeful, so we are redistributing inventory,’ Mr Shaw said.

Other aerospace firms are spending quite a bit of funds to move their inventories as the industry relies on a connected supply chain and parts distribution centres.

Last month, British multi-national engineering firm Rolls-Royce moved its jet engine designs to Germany to skip regulatory delays or any disruption on sales after Brexit.

Brexit not expected to impact Boeing’s manufacturing shipments

The impact on Brexit to Boeing’s manufacturing meanwhile, is low, claims Mr Shaw, as the parts from Britain are shipped to the United States and other countries rather than to Europe.

‘We are in pretty good shape but we have moved some parts around and we have done some redistribution to put things where we needed to just in case. We are about as ready as we can be not knowing what the outcome is going to be,’ he added.

This information has been prepared by IG, a trading name of IG Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients.
CFDs are a leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your initial deposit, so please ensure that you fully understand the risks involved.

Trading around Brexit

Find out how Britan’s EU exit continues to affect traders, and discover:

  • How you can trade on Brexit
  • The markets you should be watching
  • Brexit trading strategies for key assets

Live prices on most popular markets

  • Forex
  • Shares
  • Indices

Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.

Plan your trading week

Get the week’s market-moving news sent directly to your inbox every Friday. The Week Ahead gives you a full calendar of upcoming economic events, as well as commentary from our expert analysts on the key markets to watch.

For more info on how we might use your data, see our privacy notice and access policy and privacy webpage.

You might be interested in…

Find out what charges your trades could incur with our transparent fee structure.

Discover why so many clients choose us, and what makes us a world-leading provider of CFDs.

Stay on top of upcoming market-moving events with our customisable economic calendar.