Airlines and engine makers vie for spare parts

Global airlines have announced their demand for easier access to used aircraft engine spare parts, following a European settlement that lifted restrictions previously imposed by Pratt & Whitney Canada, the largest manufacturer of turboprop engines. This development helps independent companies dismantle, refurbish, and resell used components, aiming to boost competition and reduce parts shortages, which caused losses of approximately $6 billion last year due to maintenance delays and rising prices. This move is part of an ongoing conflict between airlines and engine manufacturers over control of the spare parts market, amid significant technological and financial risks for manufacturers seeking to recover their investments. Meanwhile, the industry anticipates that challenges and delays will persist for years to come.

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