Why Young Airplanes Are Being Torn Apart For Scrap

Some of the world’s most popular commercial airplanes are getting dismantled years, if not decades, earlier than expected. These aircraft are getting stripped of valuable parts worth millions. The rest is crushed and recycled. It is the result of a shortage of parts, none more precious and expensive than aircraft engines, that has exasperated airlines and driven up costs for years. CNBC went to Goodyear, Arizona to find out why. Chapters: 0:00 - Introduction 1:01 - An unusual trend 2:23 - Stripping for parts 5:08 - Spirit Airlines collapse 6:50 - Fixing the problem Produced and Reported by: Leslie Josephs Edited by: Erin Black Senior Managing (Source: CNBC | Region: New York, USA)