The international airline industry is expected to lose more than US11 billion R192 billion by the end of this year, due to ongoing aircraft supply chain challenges.
This is according to Iatas Reviving the Commercial Aircraft Supply Chain report, created in collaboration with management consultancy Oliver Wyman.
The report states that the worldwide commercial aircraft supply backlog reached a historic high of more than 17 000 aircraft in 2024, marking a significant increase of the average backlog of 13 000 aircraft per year experienced by the industry between 2010 and 2019.
