Volvo Aero plans to close its engine overhaul site in Bromma next year after weathering several years of substantial losses, the company said. Estimated costs to close the site are SEK250 million (US$34 million). The Bromma site specializes in overhaul of Pratt & Whitney JT8D and JT9D engines. Demand for the powerplants has fallen sharply. Introduction of PW4000 overhauls was "more difficult than expected," Volvo Aero said, and volumes haven't reached required levels. Bromma's 457 ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "Volvo Aero Winding Down Bromma Site Operations".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.