Aircraft delays giving headaches to airlines

Unpredictable economies and delays to new aircraft programmes have turned fleet management into an art rather than a science according to IATA, and caused major headaches for airlines.
The global financial crisis and the ensuing collapse in passenger traffic and yields sent aircraft utilisation into a decline that it is still yet to recover from, particularly for widebodies. The wave of aircraft retirements seen in late 2008 and early 2009 has now petered out, with the numbers of parked aircraft......