THE PLANE EFFECT PLATFORMS SOFTWARE

THE PLANE EFFECT PLATFORMS SOFTWARE

Thus, due to the grounding of aircraft, the demand for maintenance has drastically reduced adversely impacting the demand for the software and services segment in the commercial aircraft aftermarket domain. The reduction in aircraft deliveries has drastically reduced the demand for MRO services and software and commercial aftermarket parts domain.Īccording to Airbus SAS, it is estimated that more than 16,000 commercial aircraft are grounded or parked due to less passenger travel during the pandemic. Thus, the pandemic impacted around 40% of aircraft deliveries across the globe. According to Airbus SAS, by the end of October 2020, it delivered 341 aircraft compared to 571 aircraft in 2019. The upsurge in demand for new aircraft will facilitate the demand for maintenance, repair, and overhaul (MRO), which will further propel the demand for the aftermarket sector in the next few years.ĬOVID-19 Pandemic Has Negatively Affected the Aviation Industry Thus Impacted the Commercial Aftermarket Partsĭue to the lockdown in several countries in 2020, there was a huge impact on the aviation industry, resulting in a slowdown in aircraft production that impacted aircraft deliveries. According to Airbus SAS, it is expected that the growth of the passenger fleets will double from 21,000 aircraft in 2019 to 45,000 by 2035. Aircraft PMO parts specialize in program management, this allows operational groups to focus on the major missions in the specified time, and as per the end-user requirements.

WE ARE IN THE PROCESS OF REVAMPING Aircraft Aftermarket Parts Market WITH RESPECT TO RUSSIA-UKRAIN CONFLICT Request SampleĪircraft aftermarket services are largely dependent on the rising number of aircraft fleets across the globe.

The plane effect platforms