What Happened
Engine Shortages To Persist For Years Amid Supply Chain Disruptions
Airline chiefs have slammed engine makers for delays at the International Air Transport Association’s annual meeting in Rio de Janeiro, warning that grounded aircraft and higher repair costs could persist for years. The comments come as airlines face significant challenges due to supply chain disruptions, which have resulted in $11 billion in additional costs. United Airlines CEO Scott Kirby said the lack of engines is the ‘biggest constraint’ for the industry, while other executives expressed frustration with the performance of engine makers. The issue was first reported by Reuters.