Material and Parts Shortages in the Aviation Sector That Would Persist into 2024

2023-12-27 / 4 min

Amid the faster-than-projected recovery following years of the global COVID-19 pandemic, the aviation industry continues to grapple with a multitude of challenges, with material and parts shortages emerging as particularly acute. The sector has navigated a turbulent course, experiencing shocks that have caused both demand and supply to fluctuate from one extreme to another. Yet,

MRO Forecast for 9,000 shop visits and engine overhauls in 2024

2023-11-15 / 2 min

Following the MRO forecast that 9,000 shop visits and engine overhauls are expected in 2024, the aviation sector gears up for an era of extended asset life. In a changing aviation landscape demand has consistently outpaced production, CEO, Toma Matutyte, notes, “Our data suggests that the drive for lean MRO will continue across an extended