All good points about preventive maintenance.
In Aviation, a lot of aircraft components are “on condition” (engines, hydraulic systems, fuel systems, landing gear, etc.). Regular analysis of the fluids in them, filters, and on-board vibration monitoring systems gather trend data, not only for the particular aircraft itself, but also fleet-wide. When trends are discovered, fleet-wide replacement/repair action is taken.
As an example: there was a problem with the variable inlet guide vanes / variable stator vanes (VIGV / VSV) on the engines we have on the plane (ours was fine, as discovered by a mandatory inspection). Other operators had compressor stalls, resulting in automatic engine shut-down in flight. (The auto shutdown is to prevent further damage and make a bad situation worse by the affected engine potentially physically destroying itself in flight.) These engines cost Millions of $s each. Turns out the fix to the problem was lubrication of the guide vane’s actuator shafts. All shafts are now lubricated on a pre-set hourly bases going forward (I think it is 600h, but not sure). The trend monitoring software now also looks at the time it takes for the guide vanes to move from stop to stop. As the lubrication breaks down over time (especially in hot, humid conditions), the cycle time starts to increase. Once a pre-set (but still safe) time is reached (so many seconds) a lube job is required and you are good to go again (if after lubing the parameters are within limits). This will prevent compressor stalls caused by VIGVs/VSVs.
All sub-systems on the engines are monitored like that - allowing the engine to remain “airworthy” theoretically indefinitely, thus saving huge amounts of $s in the long run.
So yes, preventive maintenance, in Aviation at least, is standard operating procedure. It works very well. The dispatch reliability of our plane is well over 99% for the fleet worldwide. Ours specifically has only missed a trip once in 5 years since we got it.