IATA Reports $11 Billion Hit to Airlines from Airspace Closures and Supply Delays
Closed airspaces and snarled supply chains are squeezing airlines worldwide, forcing longer routes and grounding planes amid a backlog of over 17,000 undelivered aircraft. The International Air Transport Association projects an $11 billion cost to carriers in 2025 alone, driven by excess fuel burn, maintenance hikes, and leasing premiums for engines and parts. Operators from…
