While the issue disrupted deliveries to Boeing and impacted revenues, negative impacts will be partially offset by Spirit’s accelerating 737 production line.
American Airlines, Delta Air Lines and United Airlines collectively spent $2.1 billion on maintenance in the second quarter, according to investment bank Jefferies.
An aftermarket-led revival of Rolls-Royce’s civil aerospace fortunes has prompted the engine manufacturer to upgrade its profit forecast significantly.
Used parts market activity is steadily increasing as more older aircraft and engines are sold and parted out for their used serviceable material (USM).