TITLE

Changes Ahead

AUTHOR(S)
Flottau, Jens
PUB. DATE
April 2006
SOURCE
Aviation Week & Space Technology;4/24/2006, Vol. 164 Issue 17, p85
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Europe maintenance, repair and overhaul (MRO) industry is set to grow faster than the world average in the years to come, but it is facing diverse trends that will change demand and product offerings. According to a recent study by the AeroStrategy consultancy, Europe's MRO market will grow by 5.8% annually until 2014 supported by the resumption of a long-term growth trend in commercial air transport and the low-fare airline sector's development. The European commercial airline MRO market is estimated at around $10 billion annually of which $4.5 billion are captive.
ACCESSION #
20635500

 

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