Growth Frontiers London: Shop visits a key driver and challenge for engine leasing

Engine lessors speaking at Airline Economics’ Growth Frontiers London 2024 conference agreed that MRO presents a key driver as well as a challenge to engine leasing. One panellist said: “If you own a PW4000 with green time right now, you’re going to make a lot of money on it. But if you have to put that same engine through the shop, it’ll take 12 months and cost you $10 million… you’re going to lose all the money you make.” He said the MRO environment is a “key driver” on engine demand. Panellists also agreed that there is a grey area