American, Delta, United Driving MRO Spending in North America Written 11 December 2023
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_-_Quintin_Soloviev.jpg "American, Delta, United Driving MRO Spending in North America")
American Airlines aircraft at Phoenix Sky Harbor International Airport. | Credit: Quintin Soloviev/Wikipedia; CC BY-SA 4.0
Aviation Week reported that the North American MRO market “is projected to account for 21.8% of the worldwide total from 2024-33.” This will “derive from more than 67,000 service events, according to the 2024 edition of Aviation Week Network’s Commercial Aviation Fleet & MRO Forecast.” The active North American aircraft fleet “increases from just more than 9,480 active aircraft in 2024 to more than 11,200 in 2033, an 18% increase during the period.” This growth “of the fleet and the commensurate utilization expected will drive MRO spending to increase by more than 9.3% over 10 years.” The forecast “projects that Boeing aircraft will account for the majority of MRO expenditures by type certificate holder, capturing more than 57% of the total market, followed by Airbus (29%) and Embraer (7%).”
Full Story (Aviation Week)