📊Executive Summary

The International Air Transport Association (IATA) highlights a significant aircraft shortage as a major constraint on airline industry growth, with a backlog of over 17,000 aircraft orders. This backlog represents nearly 60% of the active fleet, indicating a severe supply shortage that could impact procurement strategies for airlines. The article notes that while aircraft deliveries are expected to increase in 2026, demand will continue to outpace supply, leading to higher leasing costs and reduced operational flexibility for airlines. Additionally, tariffs on metals and electronics due to US-China trade tensions have exacerbated supply chain bottlenecks, further complicating procurement for aviation players. The shortage of skilled labor in engine and component manufacturing is also cited as a critical issue affecting production ramp-up plans....