Indian aviation sector continues to face disruptions in supply chain: ICRA report | India-Business News
[ad_1] Indigo Aircraft (Photo: X/Indigo) India's aviation sector is grappling with a deepening crisis, as ongoing supply chain disruptions and engine-related challenges continue to ground operations, according to a report by the Investment Information and Credit Rating Agency (ICRA).The recent report said, “Supply-chain challenges and engine failure issues impact industry capacity; the industry has been facing supply-chain challenges and issues of engine failures for the Pratt and Whitney (P&W) engines supplied to various airlines.”The situation has been exacerbated by the global recall of Pratt & Whitney (P&W) engines and delays in testing by the manufacturer. As a result, airlines have been compelled to lease additional aircraft—largely through wet lease arrangements—to compensate for the grounded fleet. This move has driven up lease rentals and operating costs, while also reducing fuel efficiency, particularly because some of the replacement aircraft are older models […]