Oil Prices Drive Parting Out Of Surplus Aircraft
2. february 2011 12:07 | TechnicalAviation Week
An estimated 15-20 aircraft are being parted out—or dismantled and sold as parts—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 in Dubai yesterday, Stewart says the global maintenance, repair and overhaul market should be seeing the "kickback" of airline inventory restocking in 2011 and 2012, but it is being "buffered by the surplus [resulting from] parting out."
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