The International Air Transport Association (IATA) has revealed that the global backlog for new aircraft orders has reached a record 17,000 planes, highlighting the severe impact of supply chain disruptions on the aviation industry.
It noted that at current production rates, clearing this backlog would take 14 years, double the six-year average recorded between 2013 and 2019.
In its latest industry outlook, IATA stated, “The backlog (cumulative number of unfulfilled orders) for new aircraft has reached 17,000 planes, a record high. At present delivery rates, this would take 14 years to fulfil, double the six-year average backlog for the 2013-2019 period.”
The association warned that these delays, caused by persistent supply chain issues, will continue to affect the aviation sector into 2025, raising costs and limiting growth.
“Average age of the global fleet has risen to a record 14.8 years, a significant increase from the 13.6 years average for the period 1990-2024,” the…