(left) Flying away from the closing, operators enrolled in a maintenance program gain an additional advantage: enhanced value for their aircraft at the time of sale. This benefit arises from the ability to transfer the maintenance account to the new owner and provide them with more historical information about the engine or airframe. arises as the new owner takes possession—what Seno refers to as “flying away from the closing”—they benefit from immediate coverage and the necessary insights to address the issue effectively. This transferability and the accompanying dataset can be a significant advantage in the aircraft’s marketability and overall value. WHERE ARE WE TODAY? As evidenced by the Pratt & Whitney earnings, even if there has been a lull in the number of aircraft sold last year compared to this year due to inflation and high interest rates putting a squeeze on business, for those who already have their equipment, engine maintenance programs remain in full swing. Seno suggests that despite slower jet sales, enrollment is up and operators are still tapping into ongoing services for scheduled and unscheduled maintenance. On the other hand, if there were to be a slowdown, it might not be all bad, as it would signal relief in the tight supply chain that made it difficult for providers to offer reliability to customers from simply not having (below) Aviation maintenance programs have evolved beyond just engine care, now offering comprehensive ‘tip-to-tail’ coverage that includes everything from routine inspections and unscheduled repairs, to logistical support and 24/7 global assistance, ensuring thorough and continuous aircraft care.
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