The civil aviation MRO market will be worth about $56 billion this year, with engine maintenance expenditures representing about 40%, say analysts who presented forecasts at Aviation Week’s MRO Americas Conference in Atlanta. The civil aviation fleet will grow at a 3.1% rate over the next decade despite the fact that 6,400 jets and turboprops will leave the market through 2022, according to an ICF SH&E MRO market forecast. Retirements typically drive 20% of fleet replacement ...
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