Poll: When will supplier volumes fully recover?

The demand-sapping ripple effects of the novel coronavirus and COVID-19 pandemic have reached aviation maintenance facilities, quickly reversing one of the industry’s steadiest trends.

Before the pandemic hit, most maintenance, repair and overhaul (MRO) shops were full, and the sector’s full-year pace was on target to surpass mid-to-high-single-digit growth rates of recent years. This was especially true in the lucrative engine overhaul segment, which the Aviation Week Network Commercial MRO Forecast projected would make up 43% of 2020’s forecast $82 billion in total MRO spend. Most engine shops were booked for months, and used parts were hard to find for many platforms—an added boost for new-parts suppliers. 

 

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Due to that momentum, the pandemic’s near-term ramifications on MRO are only now beginning to come into focus. 

Read the full article: Airline Fleet Change Will Trigger Aftermarket Reset

To share your views on other areas of the aftermarket, take a look at the previous weekly MRO polls here.