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Benzinga
Benzinga
Business
Stjepan Kalinic

Forget The Airlines, The Hidden Monopoly Is Pocketing Your Higher Airfare

Airbus,A320,For,Maintenance,In,The,Hangar.,Russia,,Saint-petersburg,,November

Passengers are paying more to fly, but the carriers selling those tickets are not necessarily the ones collecting the profits. Facing rapidly aging fleets, operators are incurring higher maintenance bills.

Meanwhile, the squeeze sits upstream. According to Aerospace Global News, Boeing Co. (NYSE:BA) and Airbus SE (OTCPK: EADSY) are sitting on a record backlog. Over 16,000 aircraft, enough for 12 years of work, are on order – while supply-chain constraints, engine shortages, quality lapses, and certification delays keep deliveries below airline demand.

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