Forecast

In a year where global passenger traffic has soared past pre-pandemic levels, airlines find themselves grounded by an unexpected adversary: the supply chain. Despite a booming appetite for air travel and bullish industry growth projections, carriers worldwide are struggling to receive the aircraft they’ve ordered, resulting in a fleet age that has reached an all-time high of 14.8 years. That statistic is more than an inconvenience for an industry driven by precision, fuel efficiency, and…