The 2019 landscape of strained overhaul capacity and OEM partnerships has reversed since the novel coronavirus outbreak grounded a large portion of the global aircraft fleet.
ILS and Component Control plan to release a product on April 28 that is designed to integrate workflow between ILS’s marketplace and Component Control’s Quantum ERP customers.
Certificated repair stations located on airports are among the U.S. aviation contractors eligible for payroll support established by the COVID-19 pandemic relief act, the U.S. Treasury confirmed, but the department has not weighed in on off-airport shops.
The commercial aircraft fleet has grown exponentially over the past two decades. Using Aviation Week fleet data, we illustrate how this has happened by aircraft type.
Boeing has tapped Mark Jenks to lead a new Airplane Programs organization that the company expects to ensure both consistency and efficiency throughout its core commercial aircraft production efforts—one of several changes announced by the company’s leadership aimed at aligning similar businesses.
After missing a March 6 deadline to submit its proposal for an MRO joint venture with Thai Airways at U-Tapao Airport, Airbus has also failed to meet the new deadline of April 20.
Haeco Cabin Solutions, responding to a surge in cargo demand as passenger-aircraft belly capacity has been reduced during the coronavirus pandemic, is fast-tracking development of several products designed for carrying freight in passenger cabins.
With thousands of commercial aircraft in idle condition or in short- or longer-term storage due to the COVID-19 crisis, airlines and MROs are being forced to adapt their workflows to keep aircraft in healthy condition indefinitely until operations can begin returning to normal.
Growth in the parts repair segment is expected to be stunted by the novel coronavirus pandemic but component MRO specialists believe demand will remain in specific areas of the market.
The only clear lesson from the past is that MRO spending will drop drastically, independent shops will get a smaller cut of the remaining expenditures in the short term and then will eventually recover their share, quickly or slowly as events dictate.