The aviation maintenance, repair and overhaul (MRO) industry enjoys $28-30 billion in sales with $36 billion expected in five years, about a quarter of which is in engines. The picture is generally positive, although there may well be dips along the way if fuel prices increase, the economy turns down, or the cycle of aircraft production and delivery cause dislocations among industry players. While mostly the large MRO industry segment represented by the airline user is addressed here, in reality, the MRO business also includes regional, corporate and general aviation. Despite overlaps, these sectors are not interchangeable.
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