Due to the failure to effectively address unscheduled maintenance events known as Aircraft on Ground (AOG) situations, the aviation industry has been grappling with significant losses in potential revenue, estimated at a staggering $6 billion annually. With ongoing global supply chain disruptions in the post- pandemic environment and the unavailability of spare parts and components, the industry faces formidable challenges that place OEMs (Original Equipment Manufacturers), airlines, and aftermarket service providers at a high risk of losing even more potential revenue.
The impact of AOG events on commercial aviation during the summer season, resulting in missed opportunities, is highly significant. Managing such situations adds unexpected pressure, further exacerbated by the prevailing difficulties in the supply chain. But how long will it take for the industry to overcome the supply crisis? And is it possible to minimize aircraft downtime during the peak demand period despite the current obstacles in spare parts and component supply?