19 February 2020
Visiongain has launched a new technology report Commercial Aircraft Disassembly, Dismantling & Recycling Market Report 2020-2030: Forecasts & Analysis by Segment (Aircraft Storage, Aircraft Disassembly & Dismantling, Engine Teardown, Component Management), Regional Forecasts, Analysis of Regional Airline Fleets, DDR Contract Tables Plus Analysis of Leading Companies.
Commercial aircraft disassembly, dismantling & recycling (DD&R) consists of a series of activities when an airframe reaches the end of its commercial lifecycle. As aircraft increase in age, the cost of maintenance rises. Furthermore, newer aircraft types offer lower operating costs through factors such as enhanced fuel efficiency and other technologies that improve their environmental impact. Therefore, operators have to evaluate options of continuing to operate older aircraft or to retire them in favour of next generation types.
The Visiongain report analyst commented "Aircraft recycling relates to the process of harvesting materials and parts from an aircraft which has reached their end of life. As with other industry sector, airline industry is also recycling its decommissioned aircraft for reducing environmental impact. This process is not only eco-friendly but it will also help in reducing the overall production cost of new aircraft. Many countries have already started making large investments in this market. As more than 12,000 aircraft are scheduled to decommission over next two decades, Commercial Aircraft Disassembly, Dismantling & Recycling Market is expected to witness a steady growth."
Leading companies featured in the report who are into commercial aircraft disassembly, dismantling & recycling include AAR Corporation, AerSale Inc, Air Salvage International, Bombardier Inc., Aircraft End-of-Life Solutions (AELS) BV, AJW Group, Apollo Aviation Group (Carlyle Group), Magellan Aviation Group, GA Telesis LLC, Marana Aerospace Solutions, Tarmac Aerosave and Universal Asset Management Inc (Acquired by Aircraft Recycling International Ltd.), GE Capital Aviation Services (GECAS), KLM UK Engineering, CAVU Aerospace, Vallair Aviation Group, Sycamore Aviation Ltd.
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