Airlines face shortage of over 5,000 fuel‑efficient aircraft, IATA says
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IATA reported that airlines are missing more than 5,000 fuel‑efficient aircraft they had expected to receive by now, that the order backlog exceeds 18,000 aircraft, and that the average fleet age has reached a record 15.2 years.
Cirium forecasts about 43,000 new commercial passenger and cargo aircraft deliveries between 2026 and 2045, valued at $3.2 trillion at 2026 prices, while IATA estimated supply‑chain failures cost airlines at least $11 billion in 2025 and that engine durability issues, spare‑parts shortages and limited maintenance capacity are disrupting operations.