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Showing posts with the label How Aviation MRO Providers see the post-CoVid19 Future Business

Aviation MRO Providers see the Post CoVid19

How Aviation MRO Providers see the post-CoVid19 Future Business  https://www.alfabloggers.com/2020/06/aviation-mro-providers-see-post-covid19.html As airlines reduce their fleets, expecting it will take years until passenger demand returns to pre-crisis levels, MRO providers have to deal with excess capacity while having to support in-service aircraft under renewed cost pressure. IATA does not expect air traffic to regain pre-crisis levels before 2023. Against this backdrop, airlines are pushing back delivery schedules and phasing out older, more maintenance-intensive aircraft earlier than previously planned. Lufthana MRO Source: Lufthansa Lufthansa Group intends to reduce its approximately 760-strong fleet by 100 aircraft by 2023. The aim is to operate the same traffic volume that year as in 2019, but with a smaller, more efficient fleet, group chief executive Carsten Spohr said earlier this month. “It certainly looks like we are facing into a prolonged period of overcapa