Supply chain challenges to cost airlines over $11 billion in 2025 – new IATA-OliverWyman study

Supply chain challenges to cost airlines over $11 billion in 2025 – new IATA-OliverWyman study

Challenges within the aerospace industry’s supply chain are delaying production of new aircraft and parts, resulting in airlines reevaluating their fleet plans and, in many cases, keeping older aircraft flying for extended periods of time. The worldwide commercial backlog reached a historic high of more than 17,000 aircraft in 2024, significantly higher than the 2010 to 2019 backlog of around 13,000 aircraft per year. Consequently, the slow pace of production is estimated to cost the…

Read More

Airlines reel under persistent supply chain challenge

Airlines reel under persistent supply chain challenge

The Chief Executive Officer of United States mega carrier, United Airlines, Scott Kirby lamented the incalculable damage the supply chain challenge has done to the entire aviation industry, stressing that he doesn’t know of any industry that has had as big a supply chain challenge as aviation coming out of the pandemic He further stated that many workers retired, noting that it will still take a while for the entire aviation supply chain to recover fully….

Read More