Demand for used serviceable material (USM) is starting to rise as cost-conscious operators seek to leverage the sudden availability of material from retired aircraft during the COVID-19 pandemic, AAR Corp. CEO John Holmes said.
Air Salvage International has seen a dramatic increase in aircraft arriving for storage without end of life contracts attached, but part-out decisions could take some time.
Rolls-Royce remains on track to roll out upgraded Trent 1000 TEN high-pressure compressor turbine (HPT) blades around mid-2021 and does not expect to see any more unplanned Boeing 787 groundings linked to the issue or other identified problems with the engines.
Boeing is seeing some positive signs in its commercial aftermarket activity but cautions that the future of its once-high-profile services push will be shaped by post-pandemic demand.