In commercial aviation, attention tends to follow new aircraft, route launches and passenger numbers. Far less is said about what happens to an engine once it nears the end of its working life. Yet that part of the business, known in the industry as the aftermarket, has become more consequential as manufacturers work through delivery delays and airlines keep older aircraft in service for longer.
Maurizio Pozzi, President and Co-Founder of Aeras Aviation, is one of the executives operating in that less visible market. Aeras Aviation, founded in 2017 and operating through offices in Dubai, Miami and Cardiff, manages the life cycle of aircraft engines: buying units near the end of their service lives, taking them apart and supplying overhauled, certified parts back into the maintenance market.