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.

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