Aviation industry’s impact on the natural and social environment is undeniable. The industry is moving forward with implementation of initiatives that addresses these issues in which this study is attempting to understand. It is meant to explore the levels of Circular Economy adoption within the industry and the areas needed to be given attention to. However, there is yet a study that addresses industry’s level of CE implementation in a comprehensive manner. Through a systematic literature review, this study has found that the industry must broaden its scope of CE R&D and implementation to the many areas of the R-list framework. The study has finalized 21 literatures in its review and found uneven distribution of CE Rn initiatives throughout the list. From the findings, suggestion is made for the industry and its actors to establish CE units that plan, execute, review and monitor progress of CE adoption within the industry.