Boeing's quality control struggles and Airbus' supply chain dilemmas have resulted in a significant global jet shortage, compelling airlines to reduce routes and rely on older aircraft. American Airlines and Ryanair are adjusting their 2025 capacity forecasts due to delivery delays, with Boeing's output dropping sharply compared to Airbus. The situation is exacerbated by a production cap on Boeing's 737 Max, affecting multiple airlines' delivery expectations and service schedules. Rising travel demand is further complicating the scenario, with potential fare hikes looming for consumers as airlines grapple with limited seat availability.
"Airlines reeling from delays have looked to aircraft lessors to fill the gaps, but likely won't see much relief in 2025 as Boeing works to get its assembly lines back on track."
"This is a particular nuisance as airlines try to capitalize on booming travel demand. Lower seat capacity may also result in higher ticket prices for customers."
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