Why airlines like American are scrambling to make engines last longer
From CNBC: 2024-09-04 09:40:53
Aircraft engine shops are struggling due to parts, labor, and delivery shortages, leading to a surge in repairs and overhauls. American Airlines is expanding its engine shop in Tulsa, aiming to triple overhaul capacity. The demand for engine maintenance has seen lucrative profits for engine makers like GE Aerospace.
Boeing and Airbus delays, combined with engine recalls and maintenance backlogs, are causing major bottlenecks for airline repairs and overhauls. Supply chain issues and older planes requiring more maintenance are driving the demand for engine work. Airlines like American and Delta are taking matters into their own hands to handle the workload.
Engine shops are facing issues with finding key components, costly repairs, and unexpected recalls from manufacturers like Pratt & Whitney. Low-cost airlines are deferring new jet deliveries to save money amid the supply chain challenges. High demand for replacement engines has led to soaring rental rates, making access to engine shops difficult for many carriers.
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