14
Oct
Staff Writer The International Air Transport Association (IATA), in collaboration with management consulting firm Oliver Wyman, has launched a joint study titled Reviving the Commercial Aircraft Supply Chain. The report examines the ongoing challenges in the aerospace supply chain, their impact on airlines, and strategies to address the global supply-demand imbalance. Delays in aircraft and parts production are forcing airlines to reconsider their fleet plans and keep older planes in service for longer. The global commercial aircraft backlog reached a record high of over 17 000 aircraft in 2024, up from an average of 13 000 between 2010 and 2019.…
