Aftermarket services specialist AAR Corp. is bracing for a drop in demand for maintenance as airlines scale back to cope with reduced flying amid the coronavirus pandemic, but is already seeing a rebound in markets that are now in recovery mode.
Lufthansa Technik (LHT) is already seeing a massive impact from the COVID-19 crisis but cannot predict the extent of the damage to the global aviation industry.
Airlines are drastically cutting their passenger flights in response to the novel coronavirus pandemic, which could take several months to contain. This will cause a rash of aftermarket order cancellations.
Ted Colbert, CEO of Boeing Global Services, spoke with Lee Ann Shay on March 4 at Boeing’s Chicago headquarters about how he’s adjusting to the job that he started in October and how he’s navigating today’s very dynamic business environment.
Constant Aviation, a Cleveland-based maintenance, repair and overhaul specialist, says concern over the COVID-19 pandemic has triggered a wave of inquiries from business and commercial operators over applications of a specially developed anti-microbial protection treatment for aircraft interiors.
The association that represents U.S. aviation repair stations has asked the Trump administration and Congress for $11 billion to help offset an anticipated slowdown in aftermarket work as airlines ground aircraft and wait out the COVID-19 coronavirus crisis.
Industry insiders and analysts are increasingly forecasting a 20% or greater falloff in commercial aftermarket revenue this year for manufacturers and other aerospace and defense companies with stakes in the business due to the COVID-19 coronavirus crisis and the collapse in Western air travel.
While Australia’s MRO industry has contracted from its peak, there are a range of strategies that could help restore its competitiveness, according to an aerospace executive.
Asta Zirlyte, CEO of Heston MRO, talks with Lee Ann Shay during MRO Australasia in Brisbane about where the independent line maintenance provider is heading. Heston acquired Aircraft Maintenance Services Australia from SIA Engineering in 2018 and rebranded the business.
By Joe Anselmo, Michael Bruno, Guy Norris, Kevin Michaels, Richard Aboulafia
Listen in as Aerodynamic Advisory's Kevin Michaels and Teal Group's Richard Aboulafia join Aviation Week editors to discuss the perfect storm that has hit the industry—and what’s coming next.
Flight-training is well established in Jordan with three schools for potential aviation professionals – the Royal Jordanian Air Academy (RJAA), Jordan Airline Training & Simulation (JATS), and MidEast Aviation Academy.
Qantas is open to bringing in more third-party heavy maintenance work, and the carrier believes it offers significant advantages despite the lower labor costs of Asian MRO competitors.
