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  "authorName": "GKN Aerospace",
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  "presentationDate": "2023-10-01 00:00:00",
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      "text": "Projected engines shop visits¹\n10% CAGR\nShop visits\n7,000\n6,000\n5,000\n4,000\n3,000\n2,000\n1,000\n0\n2021\n2022\n2023\n2024\n2025",
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      "text": "Highlights\nShop visits are growing rapidly, driven by flight hour recovery\nOEMs keen to develop cost effective repair capability (versus replacement) as they are responsible for maintenance guarantees\nFlight-critical nature of GKN products creates high barriers to entry and long lead time for new capacity to reach the market (3+ years)\nGKN's unique position is built on investment in global repair capacity and certification, and strong OEM relationships\nGKN's advanced technology capabilities seen as problem-solving solutions for hard-to-repair parts",
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      "text": "1. Based on AWIN flight hour forecast data for target platforms CFM56, V2500, LEAP and GTF",
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