A steady increase in global air transport demand has some big-picture aftermarket metrics approaching pre-pandemic territory, while a projected jump in engine maintenance will help total commercial MRO revenues surpass 2019 levels in 2023, a Naveo analysis shows.
Passenger traffic in Latin America and the Caribbean is forecast to return to long-run pre-pandemic growth trends—but the lack of harmonization between governments remains a problem.
Three UK regional carriers plan to strengthen their mutual cooperation, in a move that could spell increased competition for soon-to-be-resurrected competitor Flybe.
The agreement is also with Emirates Leisure Retail and SEGAP, a joint venture between airport infrastructure and operations specialists Egis, and private equity fund manager AIIM.
Part of the COMAC Large Aircraft Demonstration Industrial Park, the facility is built to “support the stable operation” of domestic commercial aircraft in the region, starting with the ARJ21.
Rolls-Royce says it has generated more than a megawatt of power in ground runs of a hybrid-electric engine on a testbed which is designed to pave the way for future development of a hybrid-electric regional propulsion system.