Boeing Strike Threatens to Worsen Global Jetliner Shortage
The strike by Boeing's West Coast workers halts 737 MAX production, potentially deepening supply issues and impacting airfare prices.
- Boeing's first strike in 16 years began after workers rejected a contract deal, halting production of the 737 MAX.
- Industry experts warn that the strike could intensify existing jetliner shortages, which have already driven up airfares.
- Airlines are struggling to expand capacity due to parts shortages, recruitment problems, and overloaded maintenance shops.
- The average age of the global jet fleet is rising, with older planes being used longer, complicating efforts to meet net-zero emissions targets by 2050.
- European rival Airbus is also facing production challenges, further contributing to the global supply squeeze.