An expected surge in used serviceable materials (USM) poses a risk to new-parts sales, but structural fundamentals in global fleets and customer preference should limit the downside for many parts suppliers even as opportunities for used-parts specialists increase.
Air Transat plans to resume flights on July 23, gradually rolling out a network of 22 destinations in the Caribbean, Europe, Latin America, the U.S. and within its home market, parent company Transat A.T. said June 11.
Aerostructures giant Spirit AeroSystems, the leading supplier to the Boeing 737 MAX program, is furloughing more workers after the OEM recently told it to cut output further. Spirit now expects to produce less than half of the original number of fuselages planned this year.
The “Big 3” U.S. carriers are restoring summertime capacity at an uneven rate, highlighting sharp differences in network composition and overall COVID-19 pandemic recovery strategy.
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