Airbus's CFO, Thomas Toepfer, in a chat with CNBC, expressed concern about the troubles hitting their U.S. competitor, Boeing, and how it's bad for the whole aviation industry.

At the Singapore Airshow, Chinese aircraft manufacturer COMAC made a splash with its C919 and ARJ21 jets, stealing attention from industry giants like Airbus and Boeing.

Supply chain issues in the global aviation sector are starting to improve, but it may still take a couple of years to fully resolve them, according to industry experts at the Singapore Airshow.

Airbus forecasts that over the next 20 years, approximately 40,850 new jets will be delivered by aircraft manufacturers as airlines expand their fleets and replace older planes with more fuel-efficient models, with Asia being a significant driver of this growth.