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By Jon Hemmerdinger2021-04-29T21:13:00+01:00
The Covid-19 pandemic has jumbled the aircraft maintenance and repair industry, driving down prices for some aircraft components and leaving MRO shops reeling from depressed demand.
But amid the gloom come glimmers of optimism: some executives report a recent uptick in business and suspect demand will jump as airlines return jets to service.
Source: Lufthansa Technik
“We really started recovering now, in March,” says Eric Van Lewis, owner of Patriot Components, an aerospace repair shop based near Miami.
He notes that, during the pandemic, airlines cannibalised parts from the hundreds of jets they had moved into storage, using those parts to keep their fewer active aircraft flying.
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Newer Planes Are Providing Airlines a Trove of Useful Data
During the pandemic, older aircraft have been retired, resulting in a fleet that can collect more information about emissions and safety.
Credit.James Yang
This article is part of our new series,
, which examines how rapid advances in technology are transforming our lives.
With few flights and even fewer passengers, the coronavirus pandemic unleashed a wave of challenges for airlines. Some have gone out of business and others are barely surviving as global passenger volume hovers at around 50 percent of 2019 levels.
Without passengers to fill them, airlines have been retiring their older aircraft faster than normal. The more than 1,400 planes airplanes parked in 2020 that might not return to service is more than twice as many aircraft as would customarily be retired in a single year, according to a 10-year aviation forecast by the business consulting firm, Oliver Wyman. The result will a more modern fleet, the report s
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