Aviation industry faces challenges as older jets remain in service and air travel prices rise. According to a recent Bloomberg report, the sector has experienced a "lost decade" marked by aging aircraft and increasing costs. The trend is expected to continue, affecting travelers and airlines alike. As the industry adapts to these changes, it remains to be seen how this will impact overall aviation.

Source: https://www.bloomberg.com/news/articles/2024-10-29/older-jets-and-pricier-flights-define-a-lost-decade-for-aviation