Demand will account for the lion’s share of Maintenance, Repair & Overhaul aftermarket activity.
A MRO-Network article, written by Alex Derber, sheds light on the segment’s next decade. The following paragraphs were pulled from the full article.
Engine aftermarket demand is valued at $300 billion over the next 10 years, according to Aviation Week’s 2019 Fleet & MRO Forecast.
This will account for more than a third of total MRO demand over the same period, while within the engine segment most work will focus on the maturing options in the narrowbody fleet: the CFM56 and V2500 families.
Click here for the full article, as featured on MRO-Network.com.