Reuters: With Airline Fleets Grounded, Recycled Parts Boom
Sep 13, 2020
COVID has grounded more than 60 percent of the global airline fleet and aircraft retirements are more than doubling – but one sector of the industry is booming – the buying and selling of used parts.
The fate of the world’s pool of grounded planes is being closely watched by players in the market for used-serviceable material, with one report from consultants Oliver Wyman forecasting “a tsunami of demand” for such parts, as airlines seek to lower costs.
To read the entire article, please click here.