CAPA (Commercial) MRO and Aerospace News Update (English)
Aviation Week’s MRO Digest reports IAG, the parent of British Airways, Iberia, Vueling and Aer Lingus, predicts "suppressed" MRO demand "for several years". The group suffered a EUR7.4 billion ($8.9 billion) operating loss for the year, and although it did not provide specific reporting for Iberia Maintenance, it did note that ‘other’ revenue – of which the MRO provider is one of the largest components – had fallen by almost half to EUR988 million.
Catch more on this – and all the other key MRO and aftermarket news and reports in this vital monthly update from Aviation Week Network.
Speaker: Aviation Week Network, Head of MRO Research, Andy Webster
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