Soaring global airline profitability driven by sustained low oil prices is setting the aftermarket up for significant growth in 2015 and 2016, RBC Capital Markets analysts say. Historically, airline-maintenance spending has waxed and waned with available seat-mile (ASM) growth—the more airlines flew, the more work their aircraft needed. While ASMs are still a fundamental driver, increased airline creativity at shifting around discretionary maintenance spending has created spikes and ...
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