Newly published report by Visiongain says “Commercial Aircraft Mro Market Set To Grow To $111.5 Bn By 2028”

30 July 2018
Aviation

Visiongain’ has launched a new Aviation report Commercial Aircraft Maintenance, Repair & Overhaul (MRO) Market Report 2018-2028: Forecasts by Heavy Airframe Maintenance, Aircraft Engine MRO, Component MRO, Line Maintenance, as well as Regional Market Forecasts and Leading Company Profiles.

Aviation safety regulators, as well as OEMs, state that airframes, engines and components are required to undergo scheduled maintenance that includes detailed inspection, maintenance, preventive maintenance, repair and replacement of parts, which require aircraft to be removed from service for a pre-determined period of time. Such requirements entail the strip down of an airframe where each component is inspected thoroughly. Parts are replaced and re-assembled prior to testing before the aircraft is re-certified as airworthy and re-enters service to complete another cycle of flight hours before the next scheduled inspection is due. Removal, inspection and replacement of parts are routine to coincide with the lifecycle process and regulatory and OEM technical guidelines. Aircraft can also be removed from service in the event of an unscheduled maintenance event if a component has experienced a failure that jeopardises the safe operation and well-being of passengers and crew.

The visiongain report analyst commented “Commercial aircraft MRO will continue to be a key part of the aviation market, given the high standards of airworthiness commercial aircraft are expected to adhere to. Visiongain understands this market to be dynamic, with numerous competitors present. Given the critical role played by MRO in civil aviation, the outlook for this market is positive.”

Leading companies featured in the report who are involved in commercial aircraft MRO include Boeing Company, GE Aviation, Air France Industries KLM Engineering & Maintenance, Airbus SAS, and AAR Corporation.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44 (0) 207 336 6100

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