Used Parts Increasingly Sought to Keep North American Jets in ihe Air Written 13 April 2023

Reuters reports that, amid rising costs and supply-chain shortages, North American airlines and aircraft repair shops increasingly using used and generic parts in keeping jets airworthy. Some brand-name parts makers, such as General Electric Co, “stand to benefit because they also sell used parts, known as used serviceable material,” as do some planemakers, such as Bombardier, which “uses a teardown venture to gain parts for its growing ‘aftermarket’ business.” Honeywell Aerospace Trading expects demand for its used parts “to continue through at least the first half of 2024, said Heath Patrick, president for the Americas aftermarket segment at Honeywell Aerospace.”