As a result, one industry executive said he has avoided buying parts, fearing a slump if too many planes are dismantled. Airlines seek viable used parts from retired aircraft for their younger planes that are due for heavy maintenance. Fewer twin-aisle planes flying internationally means less demand for their parts, with the exception of certain aircraft used to transport cargo. While maintenance companies and new engine producers also deal in used materials, a parts surplus could weigh on their sales. Companies like Florida-based International Aircraft Associates (IAA) are watching in case airlines and lessors cut their losses by year's end and convert their parked planes for parts.

Source: bd News24 September 13, 2020 04:52 UTC