The International Air Transport Association has forecasted a milestone 2025 industry revenue exceeding $1 trillion, alongside record passenger numbers.
However, IATA’s chief, Willie Walsh, highlighted significant challenges due to delays in aircraft deliveries from Boeing, Airbus, and their suppliers, which are restricting airlines’ growth.
These delays stem from supply chain issues and production constraints.
Airlines emphasize that delays in obtaining newer, more fuel-efficient planes hinder their ability to reduce fuel costs while meeting the rising demand for air travel.
These advanced aircraft are critical for improving operational efficiency, cutting emissions, and sustaining profitability as passenger numbers grow.
“We’ve given them time. I think our patience has run out. The situation is unacceptable,” International Air Transport Association director general Walsh told reporters in Geneva.
Walsh criticized aircraft suppliers for behaving like “quasi-monopolies,” suggesting they were profiting from delivery delays that they had caused.
Critics argue these delays have driven up spare parts prices, allowing suppliers to benefit financially while airlines face increased costs and operational disruptions.
“We’re going to have to ramp up the pressure and maybe look for support to force key suppliers to get their act together,” said Walsh.
Airbus, the world’s leading aircraft manufacturer, reduced its delivery targets in July due to production challenges, while Boeing slowed production following a workers’ strike and heightened regulatory scrutiny stemming from past safety issues.
These setbacks have compounded delays, impacting airlines’ growth and efficiency plans.
