Global Aircraft Engine MRO Market (2021 to 2026) - Growth, Trends, COVID-19 Impact and Forecasts - ResearchAndMarkets.com
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Wednesday, October 13, 2021
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Several new contracts have been signed in the recent years for the maintenance of aircraft engines between airlines and MRO service providers.
Key Points:
- Several new contracts have been signed in the recent years for the maintenance of aircraft engines between airlines and MRO service providers.
- In addition to this, the MRO service providers are also expanding their presence in various countries to cater to the growing demand for commercial engine MRO services.
- Asia-Pacific has experienced a significant growth in the total aircraft fleet over the past decade which has increased the demand for engine MRO services.
- Also, in order to reduce the overseas maintenance cost, several airlines have partnered with engine MRO service providers to develop in-house capabilities.