Supply Chain Challenges Could Cost Airlines More than $11 Billion in 2025
Source: IATA The International Air Transport Association (IATA) in collaboration with Oliver Wyman, a global leader in management consulting and a business of Marsh McLennan (NYSE:MMC), today launched a joint study, Reviving the Commercial Aircraft Supply Chain (pdf). The report addresses supply chain challenges in the aerospace industry, and explores the root cause of these challenges, the impact on airlines, and initiatives to move the aviation industry forward. 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 amounts of time. The worldwide commercial backlog reached a historic high of more than 17,000 aircraft in 2024, significantly higher [...]