It is increasingly likely there will not be enough skilled technicians and mechanics to maintain the aggressive modernisation and expansion of global airline fleets with new, technologically sophisticated airplanes, warns consultancy Oliver Wyman. The problem is being exacerbated by ageing populations and a rash of retirements among maintenance technicians who are not being replaced by new mechanics entering the profession. “Maintenance has become an industry that can no longer afford to pay its way in terms of wages or benefits,” says Mr Wyman, whose firm advises airlines on their fleet management.
It is increasingly likely there will not be enough skilled technicians and mechanics to maintain the aggressive modernisation and expansion of global airline fleets with new, technologically sophisticated airplanes, warns consultancy Oliver Wyman. The problem is being exacerbated by ageing populations and a rash of retirements among maintenance technicians who are not being replaced by new mechanics entering the profession. This labour shortage could significantly increase the cost of airline maintenance, potentially forcing carriers to keep spare planes on standby to avoid cancellations ad delays resulting from maintenance delays.