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AviTrader MRO360°: Shane Hennessy offers insights on aging aircraft cost management
In the January issue of AviTrader MRO360°, Shane Hennessy, Director of Origination & Trading EMEA at EirTrade Aviation, spoke about the ageing aircraft market and its implications on cost management for operators.
He says: “Repair versus replace decisions increasingly require a balanced assessment of parts availability, replacement options, and long-term asset value.
“Greentime engines are scarce and commanding premium prices, which is affecting the decision-making process for many. As a consequence, the market is tilting toward repair rather than replacement. However, repair decisions are not with challenge. Operators must carefully factor in extended turnaround times, increased workscopes, and rising material costs.”
Read the full article here.
Article courtesy of AviTrader.