The acute shortage of spare new-technology engines in the market could reverse in the next five years and lead to oversupply.

Chromalloy CEO Chris Celtruda says reliability levels for next generation engines "indicates the problems of today are unlikely to moderate in the near term.”

Operators desperate to keep their mid-life narrowbodies flying are increasingly looking at alternative parts strategies for high-value engine material.

Ryanair and CFM have made progress on a multi-year engine services agreement that includes support for the airline's plans to set up two of its own engine shops.

MRO provider Sanad is investing $100 million in its asset management business this year as part of efforts to enhance its aftermarket services.

Plans for a new hangar at the DWC Maktoum Airport in Dubai were announced at the Middle East MRO Show with Sky Techniques.

The MRO Middle East show in Dubai – collocated with Aircraft Interiors Middle East (AIME) – saw records being smashed from visitor numbers to exhibitors.

LATAM Airlines Group has ordered AeroShark riblet films from Lufthansa Technik (LHT) for an additional five Boeing 777s.