North America’s airlines to spend US$ 230 billion in MRO services over the next decade
North America will remain the world’s largest market for maintenance, repair and operating supply (MRO) in the aerospace industry over the next 10 years, with a cumulative spending of US$ 229.7 billion only in the commercial segment over the decade, according to Aviation Week’s MRO Fleet & Forecast.
Aviation Week estimates most of the spending will be generated by the components segment, which will account for 36% of total MRO disbursement in the next 10 years, followed by engine maintenance with 31%.
According to the forecast, much of the MRO spending will come from a trend among airlines to bring some of their previously outsourced work in-house, highlighting American Airlines as the main example, but also Mexican companies such as Aeromexico, which brought services for its Boeing 787 to its facility in Mexico City, and Interjet, “a rare example of a low-cost carrier building in-house maintenance capabilities,” says the document.
You can read the whole report here.