Aventure International Aviation Services announced that it has acquired a Boeing 777 – 200ER aircraft from delta airlines. According to the senior Vice President of the company, the airframe is being dismantled by Tarmac Aerosave and the refurbished and recertified harvested parts are to be made available to the end users over the time.
Honeywell international Inc. signed an agreement of 10 years with ST Engineering to deliver MRO components and warranty repair services to the Asia Pacific operators.
Author Credits: Ipsheeta Dash, Sadaf Naaz
Report ID: 2239
Published Date: Sep 04, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Increased requirement for timely maintenance of aircrafts, increasing age of aircraft fleet and increase in the number of retired aircraft to facilitate the Used Serviceable Materials (USM)
The market size of commercial aircraft aftermarket parts is anticipated to attain a CAGR of 11% over the forecast period, i.e., 2023 â€“ 2035.
The major players in the market are Leonardo S.p.A, Aventure International Aviation Services, Honeywell International Inc, Airbus SE, Parker Hannifin Corporation, Mitsubishi Heavy Industries, Kawasaki Heavy Industries, Subaru Corporation, Sojitz Corporation, Boeing and others.
The MRO and Rotable Replacement Parts segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
The market in the North America region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.