The jet and turboprop MRO market will grow to $65.1 billion in the next five years from the projected $56.3 billion in 2014, even while the compound annual growth rate of airframe heavy maintenance labor hours drops by 0.4% during the period, according to Aviation Week’s civil aviation fleet and MRO forecast. Factors driving this trend include MRO providers adopting continuous improvements to increase efficiency, escalating material and engine repair costs, and new aircraft deliveries ...
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