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, engine overhauls, components MRO, heavy airframe maintenance and line maintenance. Services can also be broken down by maintenance and repair or overhaul.
Aircraft maintenance and repair
Maintenance and repair services are estimated to account for 68.7% of total industry revenue during 2014. Aircraft maintenance is divided into scheduled maintenance and non-scheduled maintenance. All commercial aircraft in service are expected to undertake scheduled maintenance, per Federal Aviation Administration regulations... purchase to read more