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Composites is increasingly used in different applications in the last decade, especially in aerospace due to their high strength and lightweight characteristics. Indeed, the latest models of Airbus (A350) and Boeing (B787) have employed more than 50 wt% of composites, mainly Carbon Fiber Reinforced Polymers (CFRP). Yet, the increased use of CFRP has raised the environmental concerns about their end-of-life related to waste disposal, consumption of non-renewable resources for manufacturing and the need to recycle CFRP wastes. In this study, generic model is developed in order to propose an optimal management of aerospace CFRP wastes taking into account economic and environmental objectives. Initially, a life-cycle systemic approach is used to model the environmental impacts of CFRP recycling processes focusing on Global Warming Potential (GWP) following the guidelines of Life Cycle Assessment (LCA). The whole supply chain for recycling CFRP pathways is then modeled from aircraft dismantling sites to the reuse of recycled fibers in various applications. A multiobjective optimization strategy based on mathematical programming, ε-constraint and lexicographic methods with appropriate decision-making techniques (M-TOPSIS, PROMETHEE-GAIA) has been developed to determine CFRP waste supply chain configurations. Different scenarios have been studied in order to take account the potential of existing recycling sites in a mono-period visions as well as the deployment of new sites in a multi-period approach considering the case study of France for illustration purpose. The solutions obtained from optimization process allow developing optimal strategies for the implementation of CFRP recovery with recycled fibers (of acceptable quality) for the targeted substitution use while minimizing cost /maximizing profit for an economic criterion and minimizing an environmental impact based on GWP.