Industry Analysis & Industry Trends
In the near term, the industry will be picking up the pieces from the aftermath of the recession. Falling capacity among major airlines and a decline in the total number of active aircraft have resulted in less demand for aircraft services. However, because industry services include prescheduled maintenance and repairs needed to uphold government regulations, declines have been kept low. In the coming years, airlines will expand their fleets and ultimately require greater industry services... purchase to read more
Industry Report - Industry Products Chapter
Maintenance, repair and overhaul (MRO) services are essential for the safe operation of aircraft. MRO services can be typically classified into four segments: components MRO, engines overhaul, heavy airframe maintenance and line maintenance. However, this industry excludes MRO work conducted at factories, which means most work conducted by original equipment manufacturers (OEMs) is not counted.
Component MRO accounts for about 35.5% of industry revenue. This product segment includes work done on components such as avionics, auxiliary power units, furnishings, electrical parts, propellers, structures, fuel systems, hydraulics, tires, pneumatics and so on. Like in most other segments, regular MRO is required on components... purchase to read more