Maintenance Staff Shortage Could Clip Aviation Industry's Wings

The world's commercial aircraft fleet is set to balloon by a third by 2034, according to Oliver Wyman. Charly TRIBALLEAU / AFP/File
The world's commercial aircraft fleet is set to balloon by a third by 2034, according to Oliver Wyman. Charly TRIBALLEAU / AFP/File
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Maintenance Staff Shortage Could Clip Aviation Industry's Wings

The world's commercial aircraft fleet is set to balloon by a third by 2034, according to Oliver Wyman. Charly TRIBALLEAU / AFP/File
The world's commercial aircraft fleet is set to balloon by a third by 2034, according to Oliver Wyman. Charly TRIBALLEAU / AFP/File

The United States is grappling with a shortage of maintenance workers in the aviation industry, with baby boomers retiring and others changing jobs during the pandemic.
This comes as the global fleet of commercial aircraft is set to balloon a third by 2034, involving more than 36,400 vessels, according to a recent study by consulting firm Oliver Wyman.
In its wake, spending in the maintenance, repair and overhaul market is projected to grow almost 20 percent by 2034, AFP said.
But the sector suffers from a shortfall of qualified manpower -- and an inadequate pipeline of talent.
It lacks some 24,000 aviation maintenance technicians in North America, a figure due to reach nearly 40,000 by 2028, Oliver Wyman notes.
This gap is not one that the renowned Aviation High School in Long Island will be able to fill with its cohorts totaling 2,000 students.
"I don't think the Aviation High Schools have enough capacity to train enough people," said Steven Jackson, principal of the Aviation High School in Long Island City.
"We are one of the largest high schools and it would be hard to scale it up further," he added.
Growth impact
The school is one of 28 certified by the US Federal Aviation Administration (FAA), and trains future aviation maintenance technicians who can either enter the workforce after high school or further their studies in universities.
"The job market is good and there is more money so, at the moment, more go straight to work than before," Jackson told AFP.
In the United States, around 4,000 maintenance, repair and overhaul companies employ some 185,000 aviation maintenance technicians and engineers. This forms around 44 percent of the global total, according to the Aeronautical Repair Station Association.
"Working as a mechanic opens so many opportunities," said Fariha Rahman, 17, speaking to AFP at a JetBlue maintenance hangar during a Career Discovery Week.
"I want to start in maintenance, and work my way up," the high school student added.
Another student, 15-year-old Gaby Moreno, added: "It's such a great industry."
"There are so many different jobs, so many benefits, and discounts for flights and other things, like insurance," she added.
AlixPartners specialist Pascal Fabre stresses that the training of maintenance technicians will need to be accelerated.
To boost the attractiveness of aviation maintenance, Congress passed legislation in 2018 enabling the FAA to provide ad hoc grants.
As a result, $13.5 million was awarded in March to 32 schools, 20 of which would especially help with training maintenance professionals.
"Because so many aviation jobs are critical to operations, any ongoing shortage can eventually result in the industry's growth being limited," Oliver Wyman noted in an earlier report.
Quality issues
In a 2023-2042 outlook, aviation giant Boeing forecasts "strong" long-term demand for newly qualified aviation personnel.
There is a need for some 690,000 new maintenance technicians to help maintain the global commercial fleet over the next 20 years, according to Boeing.
The maintenance, repair and overhaul sector is "under-capacity, and hangar maintenance slots are in high demand, especially as aircraft manufacturers' delivery delays mean that older aircrafts are being flown for longer periods, requiring more maintenance," Fabre added.
The two major aircraft manufacturers, Boeing and Airbus, are fully booked until almost the end of the decade, and are accumulating delays.
Meanwhile, airlines are stepping up orders as they seek to capitalize on strong demand from travelers and build fuel-efficient fleets.
"The pressure to produce and the retirement of many skilled baby boomers during COVID may also be contributing to some of the quality-control issues plaguing the industry," the recent Oliver Wyman report added.
According to experts, departures have led to the disruption of a transfer of know-how between experienced and new technicians.
Since 2023, Boeing has suffered production problems and numerous incidents on its 737 MAX series, which prompted the FAA to launch an audit into its quality control.
In early January, an Alaska Airlines 737 MAX 9 suffered a blowout of a door plug while in flight.
Boeing CEO Dave Calhoun recently announced that he would step down by year-end, in a leadership shakeup as the company faces heavy scrutiny.
Previously, two fatal 737 MAX crashes -- one in 2018 and one in 2019 -- led to a nearly two-year grounding of the aircraft.
Beyond manufacturers, United Airlines is also in the crosshairs of the FAA, which is reviewing its safety procedures after several recent incidents.



China Passes Revised Foreign Trade Law to Bolster Trade War Capabilities

Containers are seen at the port in Shanghai, China, Oct. 13, 2025. (AFP)
Containers are seen at the port in Shanghai, China, Oct. 13, 2025. (AFP)
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China Passes Revised Foreign Trade Law to Bolster Trade War Capabilities

Containers are seen at the port in Shanghai, China, Oct. 13, 2025. (AFP)
Containers are seen at the port in Shanghai, China, Oct. 13, 2025. (AFP)

China on Saturday passed revisions to a key piece of legislation aimed at strengthening Beijing's ability to wage trade war, curb outbound shipments from strategic minerals, and further open its $19 trillion economy.

The latest revision to the Foreign Trade Law, approved by China's top legislative body, will take effect on March 1, 2026, state news agency Xinhua reported on Saturday.

The world's second-largest economy is overhauling its trade-related legal frameworks partly to convince members of a major trans-Pacific trade bloc created to counter China's growing influence that the manufacturing powerhouse ‌deserves a seat at ‌the table, as Beijing seeks to reduce ‌its ⁠reliance on the US.

Adopted ‌in 1994 and revised three times since China joined the World Trade Organization in 2001, most recently in 2022, the Foreign Trade Law empowers policymakers to hit back against trading partners that seek to curb its exports and to adopt mechanisms such as "negative lists" to open restricted sectors to foreign firms.

The revision also adds a provision that foreign trade should "serve national economic and social development" and help build China ⁠into a "strong trading nation", Xinhua said.

It further "expands and improves" the legal toolkit for countering external challenges, according ‌to the report.

The revision focuses on areas such ‍as digital and green trade, along ‍with intellectual property provisions, key improvements China needs to make to meet the ‍standards of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, rather than the trade defense tools the 2020 revamp honed in on following four years of tariff war with the first Trump administration.

Beijing is also sharpening the wording of its powers in anticipation of potential lawsuits from private firms, which are becoming increasingly prominent in China, according to trade diplomats.

"Ministries have become more concerned about private sector criticism," ⁠said one Western trade diplomat with decades' of experience working with China. "China is a rule-of-law country, so the government can stop a company's shipment, but it needs a reason."

"It's not totally lawless here. Better to have everything written out in black and white," they added, requesting anonymity, as they were not authorized to speak with media.

China's private exporting firms attracted global attention in November after the French government moved to suspend the Chinese e-commerce platform Shein.

The Chinese government increasingly could also find itself at odds with private enterprise when seeking to carry out sweeping bans, ‌such as Beijing's prohibition of all Japanese seafood imports, as Asia's top two economies continue to feud over Taiwan, trade diplomats say.


Lebanese Cabinet Approves Draft Law on Financial Crisis Losses

A photograph released by the Lebanese Government Press Office on December 26, 2025, show Prime Minister Nawaf Salam speaking during a press conference after a cabinet session in Beirut on December 26, 2025. (Photo by Handout / Lebanese Government Press Office / AFP)
A photograph released by the Lebanese Government Press Office on December 26, 2025, show Prime Minister Nawaf Salam speaking during a press conference after a cabinet session in Beirut on December 26, 2025. (Photo by Handout / Lebanese Government Press Office / AFP)
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Lebanese Cabinet Approves Draft Law on Financial Crisis Losses

A photograph released by the Lebanese Government Press Office on December 26, 2025, show Prime Minister Nawaf Salam speaking during a press conference after a cabinet session in Beirut on December 26, 2025. (Photo by Handout / Lebanese Government Press Office / AFP)
A photograph released by the Lebanese Government Press Office on December 26, 2025, show Prime Minister Nawaf Salam speaking during a press conference after a cabinet session in Beirut on December 26, 2025. (Photo by Handout / Lebanese Government Press Office / AFP)

Lebanon's government on Friday approved a draft law to distribute financial losses from the 2019 economic crisis that deprived many Lebanese of their deposits despite strong opposition to the legislation from political parties, depositors and banking officials.

The draft law will be submitted to the country's divided parliament for approval before it can become effective.

The legislation, known as the "financial gap" law, is part of a series of reform measures required by the International Monetary Fund (IMF) in order to access funding from the lender.

The cabinet passed the draft bill with 13 ministers in favor and nine against. It stipulates that each of the state, the central bank, commercial banks and depositors will share the losses accrued as a result of the financial crisis.

Prime Minister Nawaf Salam defended the bill, saying it "is not ideal... and may not meet everyone's aspirations" but is "a realistic and fair step on the path to restoring rights, stopping the collapse... and healing the banking sector.”

According to government estimates, the losses resulting from the financial crisis amounted to about $70 billion, a figure that is expected to have increased over the six years that the crisis was left unaddressed.

Depositors who have less than $100,000 in the banks, and who constitute 85 percent of total accounts, will be able to recover them in full over a period of four years, Salam said.

Larger depositors will be able to obtain $100,000 while the remaining part of their funds will be compensated through tradable bonds, which will be backed by the assets of the central bank.

The central bank's portfolio includes approximately $50 billion, according to Salam.

The premier told journalists that the bill includes "accountability and oversight for the first time.”

"Everyone who transferred their money before the financial collapse in 2019 by exploiting their position or influence... and everyone who benefited from excessive profits or bonuses will be held accountable and required to pay compensation of up to 30 percent of these amounts," he said.

Responding to objections from banking officials, who claim components of the bill place a major burden on the banks, Salam said the law "also aims to revive the banking sector by assessing bank assets and recapitalizing them.”

The IMF, which closely monitored the drafting of the bill, previously insisted on the need to "restore the viability of the banking sector consistent with international standards" and protect small depositors.

Parliament passed a banking secrecy reform law in April, followed by a banking sector restructuring law in June, one of several key pieces of legislation aimed at reforming the financial system.

However, observers believe it is unlikely that parliament will pass the current bill before the next legislative elections in May.

Financial reforms in Lebanon have been repeatedly derailed by political and private interests over the last six years, but Salam and Lebanese President Joseph Aoun have pledged to prioritize them.


Türkiye Says Russia Gave It $9 Billion in New Financing for Akkuyu Nuclear Plant

Türkiye’s Energy Minister Alparslan Bayraktar talks during a meeting in Ankara, Türkiye, September 14, 2023. (Reuters)
Türkiye’s Energy Minister Alparslan Bayraktar talks during a meeting in Ankara, Türkiye, September 14, 2023. (Reuters)
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Türkiye Says Russia Gave It $9 Billion in New Financing for Akkuyu Nuclear Plant

Türkiye’s Energy Minister Alparslan Bayraktar talks during a meeting in Ankara, Türkiye, September 14, 2023. (Reuters)
Türkiye’s Energy Minister Alparslan Bayraktar talks during a meeting in Ankara, Türkiye, September 14, 2023. (Reuters)

Türkiye's energy minister said Russia had provided new financing worth $9 billion for the Akkuyu nuclear power plant being built by ​Moscow's state nuclear energy company Rosatom, adding Ankara expected the power plant to be operational in 2026.

Rosatom is building Türkiye's first nuclear power station at Akkuyu in the Mediterranean province of Mersin per a 2010 accord worth $20 billion. The plant was expected ‌to be operational ‌this year, but has been ‌delayed.

"This (financing) ⁠will ​most ‌likely be used in 2026-2027. There will be at least $4-5 billion from there for 2026 in terms of foreign financing," Alparslan Bayraktar told some local reporters at a briefing in Istanbul, according to a readout from his ministry.

He said ⁠Türkiye was in talks with South Korea, China, Russia, and ‌the United States on ‍nuclear projects in ‍the Sinop province and Thrace region, and added ‍Ankara wanted to receive "the most competitive offer".

Bayraktar said Türkiye wanted to generate nuclear power at home and aimed to provide clear figures on targets.