Aftermarket showing ‘solid trend’ even as shop visits plateau: Safran chief

Safran Chief Executive Olivier Andries reported that the aftermarket is exhibiting a “solid trend” despite engine shop visit numbers reaching a plateau during a third-quarter briefing held on October 23rd. The aerospace firm anticipates continued strength in aftermarket activity, driven by airlines maintaining their existing aircraft capacity and delaying retirements. Despite this positive outlook, there has been no change to the number of shops visited for maintenance work. Olivier Andries emphasized the ongoing resilience of the aftermarket sector within Safran’s operations. This performance reflects broader industry trends concerning fleet utilization and operational strategies.