What Happened
Airlines Struggle With Fleet Renewal Amid Production Delays
The global airline industry is experiencing a significant shortage of widebody aircraft, with Airbus and Boeing struggling to meet demand due to production delays and supply chain issues. As a result, airlines are being forced to slow down their fleet renewal projects, with some opting to lease or purchase used aircraft to meet their needs. The shortage is expected to continue, with backlogs for new aircraft stretching into the 2030s. This was reported by Simple Flying.