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Article: Aviation maintenance companies feel a pinch ; Downturn's effects ripple as corporations slash business travel
- Article from:
- Dayton Daily News
- Article date:
- September 6, 2009
- Author:
CopyrightCopyright 2009 Dayton Daily News. Provided by ProQuest LLC. (Hide copyright information)
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DAYTON -- The recession has taken a bite out of revenues for
aviation maintenance companies, particularly those that service
planes operated for corporations that have slashed business travel.
The maintenance companies are counting on a loyal customer base,
an eventual economic recovery and new sales initiatives for a
rebound. These companies do aircraft inspections and provide an
array of other services for aircraft owners and operators, including
upgrades of electronic systems, repainting, interior redesigns and
engine overhauls.
"We're probably 35 percent below what we were the previous year,"
said Mick Waltz, service manager at Stevens Aviation Inc., at Dayton
International Airport. ...