Europe will generate 24% of the projected global total MRO spend of $1.2 trillion from 2024-2023, Aviation Week’s new Commercial Fleet and MRO Forecast shows.
CEOs of large aircraft leasing companies are bullish about their sector’s outlook, despite much higher interest rates and continuing supply chain disruptions.
An interdisciplinary group of industry and academia have formed the Zero Impact Aviation Alliance (ZIAA) to move the needle on sustainable aviation goals.
Ryanair could benefit from Pratt & Whitney engine problems that will see hundreds of aircraft grounded for engine maintenance in the coming years, analysts say.