Aircraft production ramp-ups by #aerospace #OEMs to meet soaring demand are facing significant obstacles due to #supply #chain and quality challenges. As a result, the new-aircraft order #backlog has now exceeded 16,000 for narrow- and wide-body aircraft, with fulfillment expected to take several years. In response, many #airlines are delaying #aircraft retirements as a stopgap measure, further intensifying the demand for maintenance, repair, and overhaul (#MRO) services.
However, this trend is also having a ripple effect on the availability of used serviceable materials (#USM), as the reduced rate of retirements is limiting the feedstock traditionally used to mitigate MRO #costs for older fleets.
These insights are drawn from this article published in mckinsey.com analyzing the current state of aerospace production and the MRO sector.
