IATA: Supply Chain Crisis Could Cost Airlines $11 Billion
The International Air Transport Association (IATA) has warned that ongoing supply chain disruptions could cost airlines up to $11 billion in 2025. Due to production slowdowns and difficulties in sourcing parts, many carriers are being forced to operate older aircraft for longer periods.
According to IATA’s report, delays in new aircraft deliveries are hindering improvements in fuel efficiency, resulting in an additional $4.2 billion in costs for airlines. Meanwhile, rising maintenance expenses are expected to reach $3.1 billion. Excess engine leasing and spare parts stockpiling are also adding an extra $2.6 billion and $1.4 billion in costs, respectively.
IATA Director General Willie Walsh stated that the industry is experiencing unprecedented delays in aircraft, engine, and parts deliveries. He emphasized the need for greater transparency in maintenance and repair processes, the adoption of data-driven predictive maintenance systems, and the expansion of production capacity to address the crisis.
