Full-Life Engine Prices Nearly Doubled To $13 Million But Are Keeping Old Freighters In The Air

Air cargo has been experiencing rising demand since the e-commerce explosion and traffic during the COVID-19 pandemic. However, that sustained surge in air express traffic has been hindered by a bottleneck in the supply chain for both new widebody freighters and power plants for the current global fleet. While both Airbus and Boeing are still delivering a number of airframes every year, engine makers like Pratt & Whitney, General Electric, Rolls-Royce, and CFM International are also struggling with output.