Predicting what could lie in store for the commercial aftermarket in 2024, including investment in MRO in India has long been discussed, albeit with little in the way of tangible results. This may finally change in 2024 as foreign OEMs and MROs establish aftermarket joint ventures and partnerships with Indian companies.
AAR Corp. to buy Triumph’s (TGI) Product Support Group for $725 million in an all-cash deal expected to bolster the Illinois-based company’s aftermarket capabilities.
SunExpress began operating two Boeing 737-800s for South African Airways (SAA) on a damp-lease basis in October. As the leisure carrier, a joint venture between Lufthansa and Turkish Airlines, prepares to grow this partnership, it is building experience and MRO best practices away from its home base.
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