IATA urges action as aircraft supply chain failures cost airlines $11bn

The International Air Transport Association (IATA) has identified four priorities to tackle persistent failures in the aerospace supply chain, warning that delivery delays, parts shortages and constrained maintenance capacity are continuing to disrupt airline operations and raise costs.

The priorities were presented at the inaugural IATA World Maintenance and Engineering Symposium in Madrid, where the association called for stronger supply chain visibility, a more open aftermarket, better use...