Airlines and aircraft manufacturers are dismantling older planes earlier than originally planned, as shortages of engines and other key components force operators to scrap aircraft for parts.
The shortage of engines and other critical components has made it more economical to decommission older aircraft and salvage parts that can be reused on newer planes.
The aviation sector has seen a surge in demand for certain components, partly due to delays in new aircraft deliveries and the retirement of older models.
The early scrapping of aircraft could affect fleet renewal plans and maintenance schedules for airlines, potentially leading to adjustments in operational strategies.
Manufacturers are working to increase component production and explore alternative supply chains to address the supply gap and reduce the need for premature aircraft dismantlement.
<small>Source: CNBC — read the original story there.</small>