It comes as the struggling aviation sector tries to survive the disruption brought on by the virus outbreak.
During the virus outbreak, the business has become almost entirely focused on storage, as the industry fights for its very survival.With many planes grounded, the demand for parts has dried up"There have been a few interesting enquiries for planes that are still in maintenance - so the more obscure parts are still being requested but the more routine parts that airlines change on a daily basis just aren't being purchased because there just aren't as many planes flying.
He said:"We have over 800 airlines in the world. It's always been a very difficult industry to run profitably. The best predictions we have at the moment is 400 to 500 may be bankrupt by June." He added:"A lot of those aircraft are leased, the leasing companies will want them back or some kind of recompense so it's a massive challenge for the airlines, leasing companies and banks that support them."
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