Myriad challenges and risks confront players in the airline MRO market
Maintenance costs in the airline aftermarket are in the spotlight as seasoned players shift to different roles. Pemco World Air Services filed for bankruptcy protection in the U.S. and Aveos Fleet Performance closed its doors last month as part of insolvency filing in Canada. Even Lufthansa Technik, one of the largest and most high-tech MROs in the world, needs to improve its declining margin, says its executive board chairman. In addition, labor rates should be moderately higher in ...
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