Engines of Growth
Sustainability was the watchword of the aero-engine market in 2022 – and not just in terms of carbon emissions.
The more immediate challenge for engine producers and maintenance providers was to sustain growing momentum in passenger markets despite their own difficulties sourcing staff and materials.
In the aftermarket, shortages of both have led to longer shop visit turnaround times, while engine OEMs had to respond to rising narrowbody production rates.
The widebody engine sector, meanwhile, remained relatively subdued, although improved upon 2021 as certain international markets began to open up. Another chink of light was the booming freighter market, which provided some maintenance opportunities on older generation engines.
Of course, environmental sustainability continued to command headlines, notably towards the end of the year when Airbus revealed it would branch into development of hydrogen fuel cell-powered engine.
Aviation Week's Engine Yearbook 2023 takes a thorough look at all the future engine technologies alongside updates on all of today’s mainstay engine programs.
Other highlights include analysis of how airlines are managing engine fleets as shop visit demand returns and a breakdown of what Aviation Week’s latest data predicts for the next 10 years of the narrowbody, widebody and regional engine markets, looking at both production and maintenance.
There is also extensive coverage of engine financing, including interviews with top lessors and expert analysis of engine values and lease rates.
This year’s edition investigates how challenges including rising interest rates and aircraft delivery delays are impacting the spare engine market, while also examining the influences on spare engine demand and pricing, and how they affect maintenance strategies.
As ever, the Engine Yearbook also includes full directories listing the engine and APU repair and overhaul shops in every part of the world.