International Bureau of Aviation (IBA) has analysed typical redelivery conditions and estimates that each redelivery of a single aisle aircraft adds an average unbudgeted $1.65mUSD, or $3mUSD for a twin aisle, to the maintenance costs for an airline.
In response to demand for more information and discussion from the aviation community, IBA is holding two webinars on Tuesday, October 27th at 9.00GMT and at 16.00GMT (click the appropriate time to register). During the 60 minute sessions IBA will take participants through the findings, highlighting the key areas where overspend can be minimised and disputes can be avoided.
IBA’s maintenance cost benchmarking exercises combined with its own studies have just been published: www.ibagroup.com/wp-content/uploads/2015/10/redev-white-paper1.pdf This report shows clearly that the true overall MRO spend is greatly increased from the basic requirements that are driven by the OEM MPD.
Operating Leasing adds costs to the overall mix because airlines have to provide aircraft in a condition that generally supersedes “airworthiness-only” condition, attaining a condition suitable for re-use at time of redelivery for the next operator.