Early retirement and scrapping on the rise due to aircraft parts shortage
GE GE Aerospace
$285.64 -2.69%
View chart & analysis → - 1According to IBA Group, 21 next-generation aircraft were scrapped between June and August 2025.
- 2EirTrade Aviation purchased an Airbus A320neo earlier this year for millions of dollars.
- 3Pratt & Whitney issued a recall due to manufacturing defects in 2023.
So what's the key point?
Twenty-one modern aircraft were scrapped because of a shortage of aircraft parts. EirTrade Aviation bought an Airbus A320neo for millions of dollars.
Source CNBC · View original ↗
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