LONDON—Intense operational pressures on European regional carriers are reshaping the market, pushing many to seek low-priced MRO services and making them hesistant to commit early. Despite some early signs of recovery, doing business as an airline today is painful. Compare this scenario to the state of affairs for Europe’s low-cost carriers (LCCs), who as a whole continue to operate in the black. Some even forge ahead with plans to expand their in-house maintenance capabilities, which ...

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