Aircraft retirements seen boon for scrap
Jun 23, 2014 | 10:22 AM
| Rey Mashayekhi
NEW YORK The aviation industry is facing a "tsunami" of aircraft retirements in the coming years, sending a wave of material into the aerospace scrap recycling stream, according to industry executives.
Aircraft retirements are expected to reach 1,000 planes annually within a decade, Richard Brown, principal at Fairfax, Va.-based consultancy ICF International Inc., told attendees at the Aircraft Fleet Recycling Associations (Afras) annual meeting, held June 15-17 in Washington.
The increase in aircraft retirements will be due primarily to cyclical rather than structural reasons, he said.....
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