Capacity and infrastructure – how can the imbalances between supply and demand be addressed?
Aviation growth is held captive by two major constraints - the availability of aircraft to meet demand from passengers and the capacity of infrastructure to handle these passengers and aircraft. On the aircraft front, OEMs are struggling in the face of persistent supply chain issues, as well as problems of their own creation while MRO providers are struggling with their own concerns. Airport and ATC infrastructure is a mixed bag - some countries are rapidly expanding their airport infrastructure and modernising their ATC systems, expanding to handle current and future demand. However, other markets are lagging behind, with infrastructure projects beset by delays, excessive costs, poor regulatory frameworks or a lack of political will - which are slowing growth. Aviation needs appropriate and cost-effective infrastructure to ensure its needs are met, regulation that is appropriate to requirements and aircraft supply that can keep pace with demand.