What Happened
Business Aviation Faces Supply Constraints And Rising Maintenance Costs
The global business aviation industry may face another wave of capacity shortages as older private jets approach major maintenance milestones or retirement, according to a report by McKinsey. With limited new aircraft production, operators are finding it difficult to replace ageing jets, and the industry is experiencing rising maintenance requirements and infrastructure constraints. The report notes that demand for business aviation has continued to grow since the COVID-19 pandemic, with global business jet departures increasing by an average of 4.9 per cent annually between 2019 and 2025. This was first reported by an unknown source.