Severe OEM delivery bottlenecks trigger aggressive cabin retrofits and MRO spending

Extensive manufacturing backlogs, component delivery disruptions, and labor shortages are preventing OEMs from delivering new aircraft on time. As a result, commercial airlines are forced to extend the service lives of older fleets. This dynamic has caused a major shift in capital expenditure away from new line-fits and into aggressive, large-scale cabin reconfiguration and MRO retrofits to keep aging interiors competitive.