US Airline Maintenance Surpasses Pre-Pandemic Levels Written 31 July 2023


American Airlines aircraft at Phoenix Sky Harbor International Airport. | Credit: Quintin Soloviev/Wikipedia; CC BY-SA 4.0

Aviation Week reported that a new report by investment bank Jeffries says that American Airlines, Delta Air Lines and United Airlines collectively “spent $2.1 billion on maintenance in the 2023 second quarter (Q2), 47% above the level seen in pre-pandemic Q2 2019.” This reflects an upward trend for the commercial aftermarket with revenue forecast “to be 106% above 2019 levels and engine overhaul demand providing potential upside.” Further capital expenditure revisions “suggest delays in new aircraft deliveries into 2024.” On a trailing twelve-months basis, the three airlines collectively spent $7.7 billion on maintenance, which represents a 31% increase from $5.9 billion in 2019.
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