Rockwell Collins’ Intertrade is expanding its parts catalogue to include used serviceable engine material.
The supplier will focus on providing parts for the CFM International CFM56-5B and -7B, International Aero Engines V2500-A5 and Pratt & Whitney PW4000 engines.
Intertrade parts out aircraft and re-certifies the parts to be used as spares or as replacement parts for aftermarket repairs. In a July newsletter, the company announced that it had recently purchased a CFM56-7B engine previously operated by Austrian Airlines, an ex-GOL CFM56-7B engine and a CFM56-5B engine from the Meridiana fleet.
Intertrade’s new engine division will be based in Boca Raton, Florida and run by Jeff Plas, who previously served as vice-president and general manager of AeroTurbine’s engine materials group.
“The engine aftermarket is a sizeable long-term growth opportunity for our company that provides customers in the market for used engine parts the same high level of customer service and the same value they have come to expect from Intertrade,” says Chris Rauch, director of Intertrade, in a release.
The growth of used serviceable material in the aftermarket as more aircraft retire was a leading cause of lower than expected spares growth for the major suppliers this year, says Canaccord Genuity analyst Ken Herbert in a research note earlier this month. He sizes the market for this material at $3 billion.
According to the Flightglobal Fleet Forecast recently published by the Ascend Advisory Team, 2,780 passenger jets are expected to be removed from service over the next five years. Between 2018 and 2022, an additional 3,840 jets will be retired.
CFM International and Snecma have a joint venture called CFM Materials to offer used serviceable CFM56 material to the market. Pratt & Whitney offers used serviceable parts for the PW4000 and IAE 2500, as well as used material for other engine types.