Airlines are hedging maintenance costs now instead of fuel costs, says Frank Stevens, Embraer’s vice president of global MRO centers. Hedging, by definition, is a risk-management technique, and what maintenance decision today doesn’t fit that description? With many variables to balance, including in-sourcing versus outsourcing; new parts versus used serviceable material, PMAs or repairs; workscope to optimize time on-wing or cost; own, lease or pool; the choices are ...


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