TD Cowen Says Aviation Aftermarket Ready for Boost Written 22 March 2023
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A Boeing 737 (United) and an Airbus A320 (Virgin) | Bill Larkins/Wikipedia; CC BY-SA 2.0
Aviation Week reports that a new TD Cowen analysis projects rising air travel demand to “significantly outpace new capacity created by aircraft deliveries for the next several years, setting many commercial aftermarket providers up for an extended run of strong growth.” Several factors “are working together to drive already strong aftermarket demand even higher,” with the chief among them being steadily rising global traffic. Markets such as the US are exceeding 2019 available seat mile figures, but other markets including Europe and Asia are still working toward a full recovery.
Full Story (Aviation Week)