O&M’s European Editor (Commercial) highlights predictions, trends and prospects discussed by speakers at our conference in Madrid.
MADRID—Despite ominous signs from the airlines, long term growth predictions for the MRO market remain relatively strong. The short-term impact from older aircraft groundings ultimately will be outpaced by new aircraft introduction and a realignment of work, according to speakers at AVIATION WEEK’s MRO Europe Conference & Exhibition in September. The short-term impact is expected to be a $1.3 billion decrease in projected MRO spending in 2009 as airlines, particularly those in North ...
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