Igor Litvin’s Post

“We are now essentially at our peak AOG level. We continue to expect an average of roughly 350 AOGs from 2024 through 2026.” Although declining to be specific on the numbers, Chris Calio, COO at Pratt & Whitney parent RTX, confirmed that, as expected, the volume of GTF-powered A220, A320 and E-Jet E2 groundings is now about as bad as it is going to get. The original estimate was for groundings of the PW1100G-powered A320neo fleet to peak at 600-650 during H1 2024. However P&W president Rick Deurloo told ISTAT Americas delegates last month that the peak had "come down slightly due to the timing of SBs and airlines are proactively matching impacted engines across aircraft in their fleet". Cirium data indicates that the entire out-of-service GTF fleet had reached around 640-650 aircraft through recent months – although those totals are not comprised entirely of aircraft grounded for engine inspections. Of the stored totals, around 550 are A320neo family aircraft. Calio said that A320 PW1100G shop visits in Q1 “were in line with our plan and up 50% year over year”. He added that P&W’s “average wing-to-wing overhaul turnaround time assumptions remain consistent with our prior guidance of roughly 250 to 300 days”. Given Calio’s upbeat assessment of progress, it was interesting to hear Volaris CEO Enrique J. Beltranena M. saying the airline “remains sceptical about tangible progress” being made by the engine OEM in enhancing its MRO capacity and availability of spares. #Aviationfinance #airlines #aviationindustry #GTF #A320neo #A220 #EJet

CFM International LEAP-1A Market Values were increased by 2-9% following review in March 2024. The increases reflect the high demand environment on the A320neo family of aircraft, where the LEAP engine holds approximately 44% share of the installed and on order fleet. These increases are also aligned with escalation observed on spare engine list price, as the OEM is the sole supplier of engines in the market with virtually none available on the open market. Market Lease Rates were also reviewed and increased by 19% based on observed market transactions, indicating a clear gap between market supply and demand.   CFM International LEAP-1B Market Values decreased marginally, following review in March 2024. The relatively reductions reflect limited spares demand for the type, with Max family deliveries currently restricted to low monthly numbers. The two-year hiatus in Max deliveries following the grounding also limits the numbers of hours flown on the existing fleet, thus reducing demand for spares. Market Lease Rates were also reviewed and remained stable, in light of transactions observed. - Syed Zaidi, Aviation Consultant at Cirium Ascend Consultancy #Aviation #Aviationindustry #Aircraft #fleets #AviationFinance #Cirium #Avgeek #AscendConsultancy #aviationnews #marketupdate #Engine

H/T to Max and the #Cirium team for this one. So simple math. Average cycles for A320NEO is 123 per month. That is about 1500 a year. That is about 4500 cycles for the duration (2024-2026). At an average load factor of 170 pax per cycle that is more than 250 MILLION person trips not fulfilled by the GTF powered aircraft. Just think about that for a minute.... or two. #A320NEO #Raytheon #RTX #GTF #sustainability #whopays?

Need some insights from Cirium on the out-of-service #GTF fleet ? Data indicates that the entire out-of-service GTF fleet had reached around 640-650 aircraft through recent months – although those totals are not comprised entirely of aircraft grounded for engine inspections. Of the stored totals, around 550 are #A320neo family aircraft.

✈️ AerCap Holdings confirms a significant order of 150 new CFM LEAP spare Engines, valued at approximately $3 billion, to support its expanding Fleet of Airbus A320neo-family jets and Boeing 737 Max Aircraft. ✈️ 🛠️ The MRO Engines will be managed by SES Ltd. (Shannon Engine Support), a Joint Venture company between Safran and AerCap, ensuring efficient Maintenance and support services for the growing Fleet of in-service Aircraft. 🛠️ 🌐 AerCap anticipates continued tightness in Global jet markets due to Supply Chain Management issues and production conservatism among ENGINE makers, with CEO Aengus Kelly projecting the challenges to persist until the end of the decade. 🌐 🔩 The scarcity of Engines has led to significant Operational Efficiency disruptions for operators worldwide, with repair slots in high demand amidst Travel & Tourism demand, supply chain constraints and geopolitical pressures. 🔩 💰 AerCap highlights the substantial COSTS associated with maintaining Aircraft in MRO (Maintenance, Repair and Overhaul (MRO) or repair stations, emphasizing the financial burden compared to the initial Acquisition Integration cost. 💰 🔧 CEO Aengus Kelly draws an analogy between MRO shops and dentists, highlighting the financial impact of ENGINE Maintenance & Repairs, where significant COSTS are incurred with each service. 🔧 #AerCap #AircraftFleet #MaintenanceAnalogy #FinancialImpact #AviationInsights #SES #AircraftMaintenance #SupportServices #AviationIndustry #SIAE #SATEC #MarketTrends #SupplyChainChallenges #EngineShortage #OperationalDisruptions #RepairSlots #AircraftMaintenanceCosts #MROChallenges

Quick jet engine cooling is a critical challenge for airlines and MROs. Why is it such a big deal? ⏱️Time constraints: aircraft downtime translates to revenue loss. Quick cooling methods are crucial to minimize turnaround times during maintenance checks. 💰Cost efficiency: every minute spent on maintenance impacts the bottom line. Efficient cooling strategies help reduce operational costs and enhance overall profitability. At FCS Finland, we understand the complexities of jet engine maintenance. Our team is dedicated to developing innovative solutions to tackle challenges like rapid cooling head-on, ensuring minimal downtime and maximum efficiency for our clients. Offering superior cooling performance, AFC-22 and FCS-23 Hybrid eliminate the drawbacks of traditional methods. It provides rapid and efficient engine cooling, tailored specifically for aircraft maintenance needs, cutting down cooling time by up to 8 hours. #Airlines and #MROs, do you face challenges with engine cooling in your operations? We'd love to hear your experiences and insights! ✈️🔧 #Aviation #Maintenance #Innovation #JetEngines #CoolingSolutions

Several key factors are driving the engine leasing market going into 2025, namely continued durability challenges on next-generation engines and uncertainty in delivery schedules from the airframe OEMs. Considering these factors, when can the current boom in demand on current-generation engines be expected to soften? Aviation Week Network - James Pozzi MTU Maintenance Lease Services - Patrick Biebel AerCap - Eric Crosh elfc - Joe Hussar Aero Capital Solutions - Kevin VanDenBerg Secure your place >> https://utm.io/uhK3y #ELTFUSA #AEUSA #AviationWeek #AvWeekEvents

Aeroflot Expects First MS-21 Deliveries by 2026 - Aeroflot (Russia) has revised its timeline for the delivery of the MS-21 aircraft, with the first units now expected to arrive in 2026. This adjustment comes amidst significant changes in the production schedule for engines that will power the SJ-100, MS-21, and Tu-214 aircraft models. - https://lnkd.in/dbRKuFhN

The Aircraft Band Clamps market is projected to reach US$ 246.4 Million in 2027.📊 Commercial aircraft had a market share of more than 55% in 2021 & is expected to be the fastest- growing aircraft type in the market during 2022-2027.✈️ Key factors driving the segment are: ✈️Expected rebounding of air passenger traffic,  ✈️Reapproval of B737 Max, and  ✈️Projected ramp-up in production rates of key aircraft programs. ✈️Upcoming aircraft deliveries in the coming years North America dominated the market with a share >45% in 2021, and is expected to remain the largest region during 2022-2027.🌎 🔎Explore the attractive market segments and associated growth #opportunities in the #AircraftBandClamps market, here >>  https://lnkd.in/gu5yB_Mq Key Players: TransDigm Group Inc. (AdelWiggins and TA Aerospace) | Teconnex UK | Voss Industries Inc. (A CAM Company) | Eaton | CAILLAU | HoHoKus, Inc. | J&M Products, Inc. | National Utilities CO. | PACMET AEROSPACE - USA, Malaysia, Thailand #aircraft #aircraftclamps #aircraftmanufacturing #clamps #aerostructure #ducts #tubes #marketanalysis #marketresearch #StratviewResearch

Narrowbody value movements reflect continued robust demand outstripping available supply, particularly for classic technology aircraft. With well publicised delivery supply chain challenges and new technology engine durability issues, pricing of classic technology aircraft has increased markedly. Recent market trades indicate a cooling of A321neo values in the last 6 months, although this needs to be seen in context. The A321neo had been the primary beneficiary of very strong post-Covid recovery demand and is still a very strong performer in terms of value. The star performer in the past 6 months has been the A321ceo. Which sits in the same sizing sweet spot as the A321neo, with the advantage of the mature, proven technology engines that the market is currently demanding. Read more by Gary Crichlow here: https://lnkd.in/eWCAaWrb