The 2024 Commercial Fleet & MRO Forecasts, a 10-year outlook of the air transport industry, was published this week. Produced with independent projections and data by Aviation Week Intelligence Network’s internal forecasting teams, the forecast findings show commercial deliveries increasing in velocity and MRO aftermarket demand growth to follow suit producing nearly $1.2 trillion in MRO demand after growing at a 3.0% CAGR. With increased utilization, engine shop visits are expected to yield $462.3 billion in demand, necessitating over 96,000 overhaul events over the decade.

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