Key Takeaways
- Global aircraft production is heading toward a renewed capacity crunch.
- Delivery shortfalls have surpassed 5,300 aircraft.
- The global order backlog has climbed beyond 17,000 planes.
- More than 5,000 aircraft remain in storage.
IATA Warns Aircraft Demand Outpaces Production Capacity
Global Air Transport Association Forecasts Limited Aircraft Availability in 2025
The International Air Transport Association (IATA) has warned of a renewed capacity crunch in global aircraft production, citing delivery shortfalls and an order backlog exceeding 17,000 planes. According to IATA Director General Willie Walsh, higher leasing costs, reduced scheduling flexibility, and increased reliance on suboptimal aircraft types are among the most obvious challenges facing the industry. AeroTime reports that IATA expects limited aircraft availability to cost the airline industry over $11 billion in 2025.
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