While powerplant suppliers Safran and MTU Aero Engines posted expected drops in aftermarket revenues for the last quarter, executives from each company highlighted several trends that support a cautiously optimistic outlook.
Storage-related corrosion of Boeing-supplied valves on certain CFM56 engines has been linked to four engine shutdowns, prompting regulators to order inspections before the 1,140 aircraft are returned to service after extended downtime.
