Alex Derber
While many MRO providers have started to furlough, lay-off or short-time workers, the full impact of the crisis is yet to be felt, with many analysts now predicting a catastrophic year for the sector.
Teal Group’s Richard Aboulafia has forecast that aircraft services revenue could be up to 75% lower in 2020 than 2019, while AeroDynamic Advisory predicts that engine MRO demand will plummet 60%.