Airlines seek parts lifeline as supply chain strain deepens

The International Air Transport Association (IATA) and the International Airlines Technical Pool (IATP) have agreed to cooperate in helping airlines improve their visibility of, and access to, aircraft parts, as supply chain problems continue to affect maintenance planning, fleet availability and costs.

The agreement comes as airlines face continuing pressure from shortages of serviceable materials, longer repair times and higher procurement costs across the aerospace supply chain. In this...