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The State Of Play In The Aftermarket

James Pozzi September 18, 2020
British Airways 747

2020 Will See 719 Aircraft Retirements

Credit: Rob Finlayson

Aviation Week data predicts 719 aircraft will be retired this year, with the decade’s peak expected by the year 2028, according to Aviation Week Network's latest Civil Aviation Fleet & MRO Forecast.
Lufthansa

10-Year Retirement Projections

Credit: Joe Pries

Approximately 2,060 Boeing 737s and 1,951 Airbus A320s are projected to retire over the next 10 years.

Qantas Plans A380 Return To The Skies

After leaving their storage location in the Mojave Desert in California, the 12 A380s operated by Qantas are being readied for a return to the skies.
SAS

The Global Aircraft Fleet Will Shrink In 2020

Credit: Joe Pries

Due to the impact of COVID-19, the in-service fleet in 2020 is expected to fall to 27,370 aircraft—a reduction of 3,200 aircraft compared to 2019.

Narrowbodies Drive Engine Growth

Narrowbody engines will be the driver of growth at an estimated 3.8% compound annual growth rate. Narrowbody engines, bolstered by the growth of the LEAP and the GTF, are predicted to have a 61% fleet share by 2030, according to Aviation Week Network's latest Civil Aviation Fleet & MRO Forecast.

Engine Maintenance Will Perform Strongly Over A 10-Year Period

Credit: MTU Maintenance

Despite COVID-19 setbacks on the aftermarket, engine maintenance will still be a strong driver of 10-year growth. From 2021-2030, Aviation Week data predicts engine MRO demand will be $405 billion with the fastest CAGR growth of any segment at 4.9%.
737 MAX wing

Europe's Engine MRO Segment Under Scrutiny

Credit: CFM International / Twitter

Europe will account for 23% of new engine deliveries over the next decade, and these deliveries will outpace retirements, which will peak in the region at 600 in 2025, according to Aviation Week Network's latest Civil Aviation Fleet & MRO Forecast.
StandardAero Component Services team CFM56 repairs

Shifting Engine MRO Spends

Credit: StandardAero

As the new engine fleet grows with older models retiring, projected maintenance spends are anticipated to change. The LEAP engine will ascend over 10 years by around $2.5 billion. At the other end is its CFM56 predecessor, which will see a $1.7 billion decrease.
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Some of the key takeaways shared at Aero Engines Europe virtual from Aviation Week’s Fleet & MRO Forecast data.

James Pozzi

As Aviation Week's MRO Editor EMEA, James Pozzi covers the latest industry news from the European region and beyond. He also writes in-depth features on the commercial aftermarket for Inside MRO.

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