Mixed Recovery Posing Challenges For Some MRO Providers

Flight cycles on Rolls-Royce engines have fallen back to May/June levels after a July uptick.
Credit: Rolls-Royce
Europe’s slow recovery is being offset by increasing headwinds in Asia, creating a mixed near-term outlook for some aftermarket providers, particularly those that rely on widebody flying that is most affected by international travel’s slump, Bank of America analysts report. “After a tick up in...

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