{"id":21250,"date":"2020-04-26T12:22:51","date_gmt":"2020-04-26T08:22:51","guid":{"rendered":"https:\/\/www.middleeastevents.com\/blog\/?p=21250"},"modified":"2020-04-26T12:22:51","modified_gmt":"2020-04-26T08:22:51","slug":"oliver-wyman-forecasts-covid-19-impact-on-aircraft-maintenance","status":"publish","type":"post","link":"https:\/\/www.middleeastevents.com\/blog\/oliver-wyman-forecasts-covid-19-impact-on-aircraft-maintenance\/","title":{"rendered":"Oliver Wyman Forecasts COVID-19 Impact On Aircraft Maintenance"},"content":{"rendered":"<p>Just wanted to make you aware, Oliver Wyman has released its new\u00a0<a href=\"https:\/\/www.oliverwyman.com\/our-expertise\/insights\/2020\/mar\/COVID-19-Impact-On-Commercial-Aviation-Maintenance.html\" target=\"_blank\" rel=\"noopener\">Fleet &amp; Maintenance Repair Overall (MRO) Forecast<\/a>\u00a0which includes new data on the impact of COVID-19 including recent fleet groundings, aircraft retirements, production rates, and other announcements for the commercial aviation industry.<\/p>\n<p>Key findings:<\/p>\n<ul>\n<li>Over 70 percent of the global commercial fleet will be parked at some point in 2020<\/li>\n<li>Most of the pre-crisis commercial fleet (1395 aircraft) in the Middle East is parked as of now; For the aviation aftermarket, this means:<\/li>\n<\/ul>\n<p>o\u00a0\u00a0\u00a0$9.7 bn \u00a0reduction in MRO spend for 2020 and 2021 in the Middle East<\/p>\n<p>equivalent to<\/p>\n<p>o\u00a0\u00a0\u00a066 percent reduction in MRO spend in 2020 from the original forecast<\/p>\n<p>and<\/p>\n<p>o\u00a0\u00a0\u00a026 percent reduction in MRO spend in 2021 from the original forecast<\/p>\n<p>This data and more is included in our\u00a0<a href=\"https:\/\/www.oliverwyman.com\/our-expertise\/insights\/2020\/mar\/COVID-19-Impact-On-Commercial-Aviation-Maintenance.html\" target=\"_blank\" rel=\"noopener\">COVID-19 impact interactive dashboard<\/a>, which is updated weekly and reveals the near-term impact of COVID-19 on the MRO demand in a deeper fashion. You can change inputs to see impact by region and aircraft class.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Just wanted to make you aware, Oliver Wyman has released its new\u00a0Fleet &amp; Maintenance Repair Overall (MRO) Forecast\u00a0which includes new data on the impact of COVID-19 including recent fleet groundings, aircraft retirements, production rates, and other announcements for the commercial aviation industry. Key findings: Over 70 percent of the global commercial fleet will be parked [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":20725,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-21250","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/posts\/21250","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/comments?post=21250"}],"version-history":[{"count":1,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/posts\/21250\/revisions"}],"predecessor-version":[{"id":21251,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/posts\/21250\/revisions\/21251"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/media\/20725"}],"wp:attachment":[{"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/media?parent=21250"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/categories?post=21250"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/tags?post=21250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}