The Boeing 777 maintenance market will be worth north of $110 billion over the next 10 years, with about a quarter of that spend earmarked for components, according to Aviation Week data.
Accordingly, several parts suppliers are stepping up efforts to source 777 material, buying aircraft from carriers that are upgrading their fleets.
The latest example is GA Telesis, which this week, announced the consignment of four 777s from Cathay Pacific for disassembly in the U.S. and UK.
The first disassembly has already begun and the aftermarket company has committed to take a further five 777s in 2020.
A significant chunk of the components salvaged could be bound for Asia, which is forecast to account for more than a quarter of 777 maintenance demand over the next 10 years – the largest of any region.
However, the Middle East carriers will operate the largest number of 777s by 2027, when it will be home to roughly 800 of the nearly 2,000 777s in service by that year, according to Aviation Week data.
Across all regions, meanwhile, engine maintenance will be the most important part of the 777 aftermarket, generating more than a third of overall demand.
GE, Rolls-Royce and Pratt & Whitney all have engines flying on the 777, though GA Telesis CEO Abdol Moabery has highlighted inefficiencies in the aftermarket for certain engines. “In one case a lessor claimed to have smelted the engines because it was cheaper than storing them,” he wrote in Engine Yearbook 2019.