The aftermarket, driven by strong global airline demand, is pushing YOY growth in the high single digits, but pressure from several sources is presenting headwinds, a new Canaccord Genuity survey revealed.
Over the past two years, On Wing Support's capabilities have expanded to meet repair demands for GE Aviation's growing engine base, including CFM's LEAP engine.
GE Aviation acquired a stake in aircraft data collection and transmission specialist Avionica, betting on the growing acceptance for real-time health monitoring.
Sichuan Services Aero Engine Maintenance Company opened a new facility, expanding its MROl capability for CFM56 and LEAP engines to 300 engines per year.
India’s indigenous Tejas Light Combat Aircraft has successfully carried out a hot refueling, one of the capabilities highly desired in combat situations.