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Financiers fear jet shortage amid China's decision to open up travel

Posted On: Jan. 16, 2023 10:43 AM CST

Financiers have raised concerns about a shortage of jets after China’s decision to open up travel after it loosened its strict COVID-19 pandemic measures, Reuters reported. The industry now wants to secure enough of narrowbody jets to meet demand as supply chain issues have disrupted new aircraft deliveries while bottlenecks in maintenance plants have made it difficult to keep existing jets in regular service.