Core Insights - The report titled "Reviving the Commercial Aircraft Supply Chain" was launched by Oliver Wyman in collaboration with the International Air Transport Association (IATA) [1] - The study addresses supply chain challenges in the aerospace industry, identifying root causes and their impact on airlines [1] - It also outlines initiatives aimed at advancing the aviation industry [1] Industry Challenges - The aerospace industry is currently facing significant supply chain challenges that affect operational efficiency [1] - The report explores the underlying reasons for these challenges, which are critical for understanding the current market dynamics [1] Impact on Airlines - Airlines are directly impacted by the supply chain issues, which can lead to operational disruptions and increased costs [1] - The study emphasizes the need for strategic initiatives to mitigate these impacts and enhance resilience in the aviation sector [1] Initiatives for Advancement - The report discusses various initiatives that can help move the aviation industry forward, focusing on collaboration and innovation [1] - These initiatives are essential for addressing the identified challenges and ensuring sustainable growth in the aerospace sector [1]
Supply Chain Challenges Could Cost Airlines More Than $11 Billion in 2025