Prices of Airline Tickets Stay High as Upkeep Woes Crimp Fleets

SINGAPORE— Labour shortages and supply chain snarls are making it harder for airlines and lessors to return airplanes grounded during the pandemic to the skies as quickly as they would like, operators and maintenance providers say.
A global squeeze on maintenance, repair, and overhaul (MRO) capacity is one of the factors contributing to higher airfares for travelers, as demand has rebounded faster than aircraft can be made available and costs are rising.
“Some suppliers are coming out with double-digit escalations and surcharges,” said Mahesh Kumar, chief executive of Asia Digital Engineering, the maintenance arm of Malaysian budget carrier AirAsia.
“The airlines keep increasing their fares but that is not a sustainable business,” he added at the MRO Asia-Pacific conference in Singapore….

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