Oil Prices Drive New Breed of Surplus Companies
Elyse Moody elyse_moody@aviationweek.com
DUBAI
An estimated 15-20 aircraft are being parted out each month, and a new breed of surplus companies has emerged to take charge of that market, says Aerostrategy principal David Stewart. Speaking at Aviation Week’s MRO Middle East conference, Stewart says the global MRO market should be seeing the “kick back” of airline inventory restocking in 2011 and 2012, but it is being “buffered by the surplus [resulting from] parting out.”...