Aircraft Supply Chain Delays and Rising Costs Challenge Airlines

Persistent supply chain issues and high fuel costs are driving up airfares and forcing airlines to adapt by using older aircraft.

Global supply chain disruptions are delaying new aircraft deliveries until 2026.
Airlines are reintroducing older planes to manage capacity amidst these delays.
Airfares are rising due to high fuel costs, inflation, and limited aircraft availability.
The aviation industry expects record revenues and passenger numbers in 2024.
Safety remains a top priority, with recent turbulence incidents highlighting ongoing concerns.