Ok, so just a quick history lesson. Over the past twenty years, fleet growth and, consequently, MRO growth has been driven by emerging economies, far less than by North America or Western Europe. The composition of the fleet, the operator types, the way they purchase maintenance, the level of MRO outsourcing, inventory in the supply chain, the role of the OEMs in the aftermarket, etc. have continued to evolve since 9/11 and the 2008 Financial Crisis.
As you can see below, North America and Europe’s share of the air transport fleet (active & stored) has fallen from 71% in 2001 to 52% in 2020.
Why does this matter? Because we should pay attention to how airlines and MROs are performing in growth economies, and, how traffic is returning – since it’s these regions that have significant new aircraft backlogs and are driving the aftermarket growth going forward #Aerospace #Aviation #MRO #NAVEO
Date: November 24 , 2020
737NG, 737 MAX, A320ceo & A320neo Family Fleet Status
The great news that the 737 MAX, grounded since March 2019, has received FAA authorization to re-enter US airline service (with other regulators to follow in due-course) provides the opportunity to look at the current...
Date: November 16 , 2020
Air Transport Aircraft Fleet Status (Mid-November 2020)
Let's take a look at the air transport fleet's current active and stored/parked status. As we reach mid-November, ~61% of the fleet is in service, and 39% parked. The regional situation continues to diverge. COVID fat...
Date: November 02 , 2020
Aircraft Retirements up to October 2020
As of the end of October 2020, approximately 540 air transport aircraft had been officially retired and withdrawn from use. That’s ~2.6% of the active fleet. These include ~100 A320ceos, 63 747-400s, 54 MD80s, 40 MD90...