If the ongoing corona-crisis does effect a structural shift in the air transport market, both the production and aftermarket sectors will have to adjust.
The FAA has released long-awaited policy on using video links and other “remote technology” to conduct inspections and help validate regulatory compliance, adding to a growing set of procedural changes meant to accommodate social distancing during the coronavirus pandemic.
With large cuts in capacity and little expectation of a quick and full recovery, commercial aircraft are headed for one of four fates: temporary storage, long-term storage, cargo conversion or disassembly for parts.
The FAA has made several changes and is preparing more guidance documents and policy statements to help the industry navigate some short-term roadblocks presented by the coronavirus pandemic.
Aftermarket services specialist AAR Corp. is bracing for a drop in demand for maintenance as airlines scale back to cope with reduced flying amid the coronavirus pandemic, but is already seeing a rebound in markets that are now in recovery mode.
EPlane, an electronic marketplace startup for aviation aftermarket parts and MRO, announced March 24 that it landed $9 million in new funding from Japanese conglomerate Marubeni Corp.