14 August 2018
Visiongain’ has launched a new aviation report Top 20 Commercial Aircraft Maintenance, Repair & Overhaul (MRO) Companies 2017: Market Share Analysis, Financials & Contract Details For The Leading Engine, Component, Heavy Airframe & Line Maintenance Providers, Including AAR Corporation, Airbus SAS, GE Aviation, ST Aerospace Ltd, and More
The commercial aircraft MRO market consists of multiple players. Third party MRO providers and airlines’ own in-house maintenance divisions have traditionally dominated the market. OEMs are now becoming more active in the MRO sector, providing aftermarket services for engine and component support. Aftermarket services are incorporated into sales agreements through warranties and guarantees to satisfy expected levels of quality from a customer and regulatory perspective.
The visiongain report analyst commented “Airlines have to function in an extremely safety-conscious world and comply with airworthiness standards. Effective compliance is a vital component of any successful operation. With the introduction of technologically advanced aircraft, interval times for maintenance are increasing. The profit margin in this industry is under pressure, meaning companies have to cut their costs to maintain profit and increase competitiveness.”
Leading companies featured in the report include Airbus SAS, Bombardier Inc., Rolls Royce plc, Boeing Company, and GE Aviation.
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