• Airlines are keeping older aircraft in service longer due to delivery delays.
• New aircraft deliveries remain below demand.
• Airlines are investing in maintenance and upgrades to extend aircraft lifespans.
• Delayed deliveries impact airline operations and growth.

The trend of keeping older aircraft in service may indicate a shift in airline fleet strategies, which could impact the industry's ability to reduce emissions and achieve net zero targets. This development suggests that supply chain disruptions may have long-term effects on the aviation industry, potentially altering the competitive landscape and forcing airlines to adapt to new realities.