AIRCRAFT REFURBISHING MARKET ANALYSIS

Aircraft Refurbishing Market, By Aircraft Type (Wide Body Aircraft, Narrow Body Aircraft, Large Body Aircraft), By Refurbishing Type (Passenger to Freighter Refurbishing, VIP Cabin Refurbishing, Commercial Cabin Refurbishing), By Fitting Type (Retrofit, IFEC, Passenger Seats), By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

Global Aircraft Refurbishing Market: Key Developments

In 15^th Feb 2023, Air India, an air carrier company placed a record-breaking order for 470 aircraft and pledged significant expenditures for IT upgrades and aircraft refurbishment
In 13^th Feb 2023, Russia’s Federal Air Transport Agency (FAVT), also known as Rosaviatsiya, has approved the Dubai, United Arab Emirates (UAE)-based Global Jet Technic to maintain Russian-registered Airbus and Boeing aircraft.
In 2022, Lufthansa Technik, a company which provides worldwide maintenance, repair, and overhaul services for aircraft, engines, and components is currently carrying out the world's first Performance Restoration Shop Visit (PRSV) of a LEAP-1A engine. The PRSV serves to restore the performance of the engine.

In 2020, Airbus also announced plans to develop zero-emission hydrogen-powered aircraft by 2035, demonstrating their commitment to sustainability and environmental responsibility.