Commercial Aircraft Maintenance, Repair & Overhaul Market to achieve $53.4 billion this year, says Visiongain

LONDON, 5 June 2014. The value of the commercial aircraft maintenance, repair and overhaul (MRO) will reach $53.4 billion this year, Visiongain analysts describe in their latest report: “Commercial Aircraft Maintenance, Repair & Overhaul (MRO) Market 2014-2024: Prospects for Companies in Engine, Component, HMV & Line Maintenance.”

Airlines and MRO to benefit from IoT, prescriptive maintenance, augmented reality in 2017
Airlines and MRO to benefit from IoT, prescriptive maintenance, augmented reality in 2017

LONDON, 5 June 2014. The value of the commercial aircraft maintenance, repair and overhaul (MRO) will reach $53.4 billion this year, Visiongain analysts describe in their latest report: “Commercial Aircraft Maintenance, Repair & Overhaul (MRO) Market 2014-2024: Prospects for Companies in Engine, Component, HMV & Line Maintenance."

Airlines and MRO to benefit from IoT, prescriptive maintenance, augmented reality in 2017Airlines and MRO to benefit from IoT, prescriptive maintenance, augmented reality in 2017

The commercial aircraft MRO market grew out of a trend in which airlines performed third-party contract repairs following respite periods between in-house jobs. Given the numbers of aircraft in service today and how critical safety is, MRO has now evolved to become a major market within aviation. This will continue to be the case, but the market will face many new challenges—not the least of which will come from original equipment manufacturers (OEMs) that are increasing their market share.

Visiongain’s new report provides a market assessment of the Commercial Aircraft MRO sector based upon the latest information, including interviews, updated forecasts, original analysis, expanded company profiles, according to a company spokesperson. It also includes analysis of new regulation, events, technologies, and market entrants.

Submarket forecasts, provided at the global level and individually, include:
- Commercial Aircraft MRO Component Submarket
- Commercial Aircraft MRO HMV Submarket
- Commercial Aircraft MRO Line Maintenance Submarket

Regional forecasts include:
- North American Commercial Aircraft MRO
- European Commercial Aircraft MRO
- Asian Commercial Aircraft MRO
- Middle Eastern Commercial Aircraft MRO
- South American Commercial Aircraft MRO
- African Commercial Aircraft MRO

DRS opens Gulf Coast MRO for maintenance, repair, and overhaul of fixed-wing aircraft and helicoptersDRS opens Gulf Coast MRO for maintenance, repair, and overhaul of fixed-wing aircraft and helicopters

Companies profiled include:
- Delta TechOps
- GE Aviation
- GMF AeroAsia
- Iberia Maintenance
- Lufthansa Technik
- MTU Aero Engine
- Pratt and Whitney
- Rockwell Collins
- Rolls Royce
- ST Aerospace
- Triumph Group
- Turkish Technic

For more information, visit

German MRO specialist Lufthansa Technik acknowledges importance of Turkish aviation market with new office in IstanbulGerman MRO specialist Lufthansa Technik acknowledges importance of Turkish aviation market with new office in Istanbul

Companies listed in this report

Abu Dhabi Aircraft Technologies (ADAT)
ABX Air Inc.
Adria Tehnika
Aer Arann
Aer Lingus Group Plc.
AERGO Cargo Solutions
Aero Maintenance Group (AMG)
Aeroflot-Russian Airlines
Aerolineas Argentinas
Aeroméxico S.A de C.V.
Aeronautical Engineers, Inc (AEI)
AeroRepair Corp.
Aerosource Inc.
Aerostar S.A.
AeroThrust Corp.
AeroTurbine Inc.
Afriqiyah Airways
Aigle Azur
Air Arabia
Air Astana
Air Berlin Plc
Air Canada
Air Cargo Germany GmbH
Air China Cargo Co., Ltd.
Air China Limited
Air Corsica
Air Dolomiti S.p.A
Air France
Air France Industries AFI KLM Engineering & Maintenance (AFI KLM E&M) Group
Air Incheon
Air India
Air Kasaï
Air Mauritius
Air Moldova
Air New Zealand
Air Nigeria
Air Niugini
Air Nostrum
Air Services Ltd.
Air Tahiti Nui
Air Transport Services Group
Air Wisconsin
Air Zimbabwe
AirAsia X
Airborne Maintenance and Engineering Services (AMES)
Airbus SAS
Aircraft Seat Manufacturing
Airinmar Holdings Ltd.
AJW Aviation Group
Alaska Airlines
Aldus Aviation
Alenia Aermacchi
All Nippon Airways (ANA)
Allegiant Air
Allied Air
Allison Engine Corporation
Alpha Star Aviation Services
Alrosa Airlines
Alrosa Mining Group
Ameco Beijing
American Airlines
AMG Flite Components
Ariana Afghan Airlines
Arkia Israeli Airlines
Aruba Airlines
Ascent Aviation Services
Asiana Airlines
ASL Aviation Group
Astra Airlines
Astral Aviation
Atlas Air
Aveos Fleet Performance
Avianca S.A
AviancaTaca Holdings
Aviation Repair Technologies (ART)
Aviation Technical Services (ATS)
Avmax Aviation Services
Azerbaijan Airlines
Azul Linhas Aéreas Brasileiras
BA CityFlyer
BAE Systems Australia
BAE Systems plc.
BAE Systems Regional Aircraft
Bedek Aviation Group
Beijing Capital International Airport
BIMAN Bangladesh Airlines
Blue Dart Aviation
Bluebird Aviation
bmi regional
BOC Aviation
Boeing Company
Boeing Shanghai Aviation Services
Boeing Shanghai Aviation Services Co. Ltd
Bombardier Aerospace
Bonus Aerospace
Bonus Tech
Braathens Technical
British Airways
British Airways Avionic Engineering (BAAE)
British Airways Component Engineering (BACE)
British Airways Engineering (BAE)
British Airways Maintenance Cardiff (BAMC)
British Airways Maintenance Glasgow (BAMG)
Business Air
Canadian North
Cardiff International Airport
Cardig Air
Cargo Air
Caribbean Airlines
Cascade Aerospace
Cathay Pacific Airways
Cebu Pacific Air
CFM International
Changi Airport, Singapore
Chengdu Airport
Chicago's O'Hare International Airport
China Aircraft Services Limited (CASL)
China Airlines
China Cargo
China Eastern Airlines
China Postal Airlines
China Southern Airlines
Christchurch Engine Services (Air New Zealand)
Colombus Engine Services
Commercial Jet Services
Continental Airlines
Copa Airlines
Corendon Airlines
Corporate Divisions MHT
CSI Aerospace, Inc.
CTS Engines
Cyprus Airways
Danish Air Transport
Darwin Airline
De Havilland Aircraft Company Ltd.
Delta Air Lines
Delta TechOps
Deutsche Lufthansa AG
Direct Maintenance
Discovery Air Technical Services
Dublin Aerospace
Dunlop Taikoo (Jinjiang) Aircraft Tyres Company Limited
EADS deutschland gmbh
EADS elbe Flugzeugwerke gmbh
Eagle Services Asia (Singapore Airlines Engineering Company)
East Air
East Midlands Airport
Eastar Jet
Eastern Airlines China
Eastern SkyJets
Egypt Air Maintenance & Engineering
Eirtech Aviation
Emirates Airlines
Engine Alliance
Entebbe International Airport in Uganda
Enter Air
Ethiopian Airlines
Ethiopian Airlines Maintenance and Engineering Division
Etihad Airways
Europe Airpost
Evergreen Aviation Technologies (EGAT)
ExpressJet Airlines
First Nation Airway
FL Technics
Flightstar Aircraft Services
Flybe UK
Fokker Services
Frankfurt-Hahn Airport
Freebird Airlines
Frontier Airlines
Future Aviation, Inc.
GA Telesis
GA Telesis Engine Services (GATES)
Garuda Indonesia
Garuda Maintenance Facilities AeroAsia/GMF AeroAsia
Garuda Maintenance Facilities Support Centre
Gatwick Airport
General Electric (GE)
General Electric Aviation
GKN Aerospace
Glasgow International Airport
Golden Myanmar Airlines
Goodrich Asia-Pacific Limited
Goodrich TAECO Aeronautical Systems (Xiamen) Company Limited
Goodrich Turkish Technic Centre
Goodrich Turkish Technic Services Centre
Grupo Aeroméxico
Gulf Air
Gulf Aviation Technology
HAECO Bahrain Aircraft Services Company Limited SPC
Hainan Aviation
HAITEC Aircraft Maintenance
Hamilton Sundstrand
Heathrow Airport
HEICO Aerospace
HEICO Component Repair
Hi Fly
Honeywell Aerospace
Honeywell TAECO Aerospace (Xiamen) Company Limited
Hong Kong Aero Engine Services Limited (HAESL)
Hong Kong Aircraft Engineering Company Limited (HAECO)
Hong Kong Airport
Hong Kong International Airport
Horizon Flight Academy
Iberia Express
Iberia Maintenance
Incheon International Airport
Inertial Aerospace Services, Inc
Intercontinental Airport in Querétaro
International Aero Engines (IAE)
International Airlines Group (IAG)
Island Transvoyager
Israel Aerospace Industries (IAI)
Japan Air Commuter
Japan Airlines (JAL)
Jardine Air Maintenance
Jet Airways
Jet Konnect
JetBlue Airways
Jetstar Asia
JFK Airport
John Holland Aviation Services
John Swire & Sons Limited.
Jordan Airmotive Limited Company (JALCo)
Kabo Air
Kabul International Airport
Kahala Aviation
Kelly Aviation Centre/ Lockheed Martin
Kenneth Kaunda International Airport
Kenya Airways
Khalifa University
KLM Cityhopper
KLM UK Engineering
Korean Air
LAN Argentina
LAN Chile
LATAM Airlines Group
Leipzig/Halle Airport
London Luton Airport
LOT Aircraft Maintenance Services (LOTAMS)
LOT Polish Airlines
Luftfahrt-Bundesamt (LBA) Germany
Lufthansa Cargo
Lufthansa Technik AERO Alzey (LTAA)
Lufthansa Technik AG (LHT)
Lufthansa Technik Logistik Services (LTLS)
Lufthansa Technik Sofia
Lyon Saint-Exupéry Airport
Malaysia Aerospace Engineering
Malmö Aviation
Manchester Airport
Marana Aerospace Solutions
Marseille Provence Airport
Mauritania Airlines International
Max Air
Max MRO Services
MAZ Aviation
McClain International, Inc.
McDonnell Douglas (now part of Boeing)
Melbourne International Airport
Meridiana S.p.A
Mesa Air Group
Messier-Bugatti-Dowty (MBD)
Mitsubishi Group
Monarch Aircraft Engineering (MAEL)
MTU AeroEngines
MTU Maintenance
MTU Maintenance Canada
Mubadala Development Company
Myanmar Airways International
Nairobi Jomo Kenyatta International Airport
Nayak Aircraft Service
Nayak Italy
NIACC - Avitech Technologies, Inc.
Nibras Al Ain Aerospace Park
Nice Côte d'Azur Airport
Nok Air
Nordic Aviation Capital (NAC)
Nordwind Airlines
Northern Air Cargo
Norwegian Air Shuttle
Ocean Air
Okay Airways
Oman Air
Pacific Air Maintenance
Pakistan International Airlines (PIA)
Paris - Le Bourget Airport
Paris Charles de Gaulle Airport
Paris-Orly Sud Airport
Pegasus Airlines
PEMCO World Air Services
Petra Airlines
Philippine Airlines (PAL)
Piaggio Aero SpA
Polar Air Cargo
Pratt & Whitney
Pratt & Whitney Canada
Precision Conversions
Premier Aviation
Prestwick Airport
Prime Air
Prime Air Chicago
Prime Air Europe Ltd
Prime Air Miami
Prime Aviation
Privilege Style
Pudong Airport
Pulkovo Airport, Saint Petersburg
Pullmantur Air
Qatar Airways
RAK International Airport
Revima APU
Rockwell Collins, Inc.
Rolls-Royce Ltd
Rossiya Airlines
Royal Air Maroc
Royal Jordanian
Sabena technics
Sabiha Gökçen International Airport
Sanad Aero Solutions
Scandinavian Airlines (SAS)
Schiphol Airport
Scoot Pte. Ltd.
Seattle-Tacoma International Airport
Sepang Aircraft Engineering
Service Air
SF Express
Shangai Engine Services (China Eastern)
Shanghai Taikoo Aircraft Engineering Services Company Limited
Sharjah International
SIA Engineering Company (SIAEC)
Sideral Air Cargo
Singapore Aero Engine Services Pte Limited (SAESL)
Singapore Airlines Cargo
Singapore Airlines Group
Singapore HAECO Pte Limited (SHAECO)
Singapore Technologies Aerospace Ltd
Singapore Technologies Dynamics Pte Ltd
Singapore Technologies Electronics Limited
Singapore Technologies Kinetics Ltd
Singapore Technologies Marine Ltd
Sky Aviation
Sky Express
Sky Regional Airlines (SKY)
SKYMARK Airlines
Skypower Express Airways Nigeria
Skyview Airways
Small Planet Airlines
Snecma Morocco Engine Services
Snecma Services
Somon Air
South African Airways (SAA),
South African Airways Technical (SAAT)
Southern Air Holdings
Southwest Airlines
Spirit Airlines
Spring Airlines Japan
SR Technics
SriLankan Airlines
ST Aerospace
ST Engineering Financial I Ltd
ST Engineering Financial II Pte. Ltd.
ST Synthesis Pte Ltd
Stansted Airport
Star Air
Sukhoi Holding
Sunshine Avionics LLC
Sunwing Airlines
SuperJet International (SJI)
Swiss International Air Lines
Syphax Airlines
Taikoo (Shandong) Aircraft Engineering Company Limited (STAECO)
Taikoo (Xiamen) Aircraft Engineering Company Limited (TAECO)
Taikoo (Xiamen) Landing Gear Services Company Limited (TALSCO)
Taikoo Engine Services (Xiamen) Company Limited (TEXL)
Taikoo Spirit AeroSystems (Jinjiang) Composite Company Limited
TAP M&E Brazil
TAP Maintenance and Engineering (TAP M&E)
TAP Portugal
TCI Cabin Interior
Teleflex Incorporated
TES Aviation Group
THAI Airways International
Thales Group
The Swire Group
Thomson Airways
THY Aydın Çıldır Airport Management Inc.
THY Turkish Do and CO
Tianjin Airport
Tigerair Australia Pte. Ltd.
Tigerair Singapore Pte. Ltd
TIMCO Aviation Services
Tocumen International Airport
Toulouse-Blagnac Airport
TP Aerospace Leasing
TP Aerospace Solutions
Trade Air
Transaero Airlines
Transavia France
Travel Service Airlines
TRIP Linhas Aéreas
Triumph Aerospace Systems Group
Triumph Aerostructures Group
Triumph Aftermarket Services Group.
Triumph Group, Inc
TUI Jetairfly
Turbine Services & Solutions
Turkbine Technical Gas Turbines Maintenance & Repair Inc.
Turkish Airlines
Turkish Cabin Interior Systems Industries Inc. (TCI Kabin İçi Ekipmanları)
Turkish Engine Services (Turkish Technik)
Turkish Ground Services
Turkish OPET Aviation Fuels
Turkish Technic
United Airlines
United Technologies Corporation (UTC)
US Airways
UTair Aviation
UTC Aerospace Systems
Vietnam Airlines
Virgin Airways
Virgin Atlantic Airways
Virgin Australia
Vision Technologies Systems, Inc
Volaris Air Canada
Volga-Dnepr Technics (VDT)
Vought Aircraft Industries
Vx Capital Partners
WestJet Encore
Willis Lease Finance Corporation,
WOW air
Xiamen Airlines
XL Airways France
Yakutia Airlines
Yangtze River Express
Zorlu O&M
Zurich Airport

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Other Organizations Mentioned
Abu Dhabi Government
Abu Dhabi International Airport
Agência Nacional de Aviação Civil (ANAC) Brazil
Brazilian Government
Civil Aviation Administration of China (CAAC) China
Civil Aviation Authority (CAA) UK
Civil Aviation Authority of Singapore (CAAS)
Civil Aviation Bureau (CAB) Japan
Civil Aviation Safety Authority (CASA) Australia
Collins Aviation Maintenance Services Shanghai Limited (CAMSSL)
Co-Operation Council for the Arab States of the Gulf (GCC)
Direction Générale de l'Aviation Civile (DGAC) France
Directorate General Civil Aviation of Indonesia
Directorate General of Civil Aviation (DGCA) India
Directorate General of Civil Aviation of Turkey (SHGM) Turkey
European Aviation Safety Agency (EASA) Europe
European Union (EU)
Federal Agency of Air Transport of Russia
Federal Aviation Administration (FAA) United States
French Government
French Post Office
German Aerospace Industries Association
German Federal Government
Hong Kong International Airport
International Air Transport Association (IATA)
International Monetary Fund (IMF)
Nanyang Technological University (NTU)
National University of Singapore (NUS)
Transport Canada (TC)
Transportation Security Administration (TSA)
University of New South Wales (NSW)
US Congress
US Federal Government
US Securities and Exchange Commission

MRO image (at bottom) courtesy of Shutterstock.

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