Airlines Return Grounded Jets Amid Soaring Maintenance Costs
Airlines are returning aircraft to service after a years-long engine crisis but face increased maintenance and leasing costs driven by manufacturer pricing.
Airlines are returning grounded aircraft to service following a years-long engine crisis characterized by durability issues and parts shortages. The crisis centered on powder-metal problems affecting Pratt & Whitney geared-turbofan engines, though GE Aerospace reports that groundings related to its LEAP engines have fallen to near zero.
Despite the return of aircraft, United Airlines and other carriers continue to face soaring maintenance and leasing expenses. Financial pressure has intensified as delayed deliveries from Boeing and Airbus force airlines to maintain older jets longer, while short-term leases remain expensive.
Conflict has emerged between carriers and manufacturers over pricing power. United Airlines CEO Scott Kirby accused engine makers of using supply shortages to increase charges. Conversely, Safran CEO Olivier Andries stated that price increases for repairs and spare parts reflect higher supplier costs rather than an abusive posture.