in Aircraft values, Lease Rates & Returns
Monday 25 May 2020
Covid-19 sees “seismic” drop in aftermarket demand
Covid-19 has caused a “seismic” drop in demand for aircraft parts as airlines delay all but necessary maintenance in their efforts to conserve cash. At the same time, an accelerated rate of aircraft retirements risk flooding the parts market, pushing up supply at a time of already low demand.
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