Low-cost carriers fleet concerns

Southeast Asian low-cost carriers, a key growth engine for planemakers and leasing companies for a decade before the pandemic, are faltering financially as demand plunges, raising questions over whether they can replace and double their...

Maintenance and parts sector facing big hit

“We foresee reduction in maintenance, repair and overhaul demand of 60% or more for commercial aero engines (in 2020). And production will fall 40-50%,” said Kevin Michaels, managing director at aerospace consulting firm AeroDynamic Advisory. Read...

Airlines still to buy plenty of planes

“Plane makers still look insulated from the worst of the slump. Airbus’s outstanding orders are above 7,600, while Boeing’s still stand at almost 4,800—about 10 and 6 years of production, respectively. This isn’t something many companies can boast.” Read...