What Happened
Building Resilience In Uncertain Times For Airlines
Europe’s aviation industry is facing significant challenges, including supply chain disruptions, aircraft backlogs, and delivery timeline delays. According to a report by Marsh, supply chain disruptions alone cost airlines over $11 billion last year, with aircraft backlogs of around 17,500 units and delivery timelines nearly doubling. The industry’s complexity, with a typical aircraft manufacturer relying on over 200 direct suppliers and 12,000 indirect ones, has become more fragile due to geopolitical shocks, supplier consolidation, and workforce challenges. This article was first reported by Unknown Source.