Global MRO spending will rise from $112 billion in 2023 to $139 billion by 2033, growing 2.2% annually, according to a new report by Alton Aviation Consultancy.
Olivier Andries says that with CFM56 operators still investigating if they have AOG Technics parts in their fleet, the full extent of the problem is not known.
HEICO Corporation had a strong fiscal third quarter as its revenue rose 27% to a record $722.9 million and operating income increased 16% to $149.4 million.
Maintenance info used by regulators to mandate 777 structural inspections includes errors that may create more risks for affected aircraft than it addresses.
Russia’s largest airline did not disclose where it had acquired them, 18 months after export aircraft spare parts to Russia was prohibited by Western sanctions.