Overview

• Boeing and Airbus secured significant orders at the Singapore Airshow, including a commitment from Thai Airways for 45 Boeing 787 Dreamliners and a purchase by Vietjet Air of 20 Airbus A330-900 aircraft.
• Supply chain disruptions, including parts shortages and a lack of skilled labor, are causing delays in aircraft deliveries, potentially until 2030.
• The aviation industry is grappling with a rebound in post-pandemic travel demand, but supply chain strains and labor shortages are hindering the ability to expand fleets with new, more efficient planes.
• Efforts to mitigate delays include deploying engineers to address supply chain bottlenecks and stocking more spare parts, but challenges such as material shortages and increased part prices persist.
• The industry faces a long road to recovery, with some predicting it could take up to two years to resolve current supply chain issues and meet the growing demand for air travel.