The value of the worldwide commercial jet transport market continues to fall and is unlikely to rebound to anywhere near its 2001 level of $42.2 billion until at least 2008, according to the annual MRO Forecast prepared for O&M by Strand Associates Inc. (SAI) and BACK Aviation Solutions. In setting a baseline for this year's 10-year forecast, SAI and BACK pegged the January 2003 value of the MRO market at $36.1 billion, which is down 4.5% from last year's baseline of $37.8 billion ...


"MRO MARKET SLIDES AGAIN; CLIMB BACK COULD TAKE YEARS Severe cost pressures on the world's airlines are forcing down labor rates and pushing work to third-parties." is Premium Content. Subscribing will provide full access to this article as well as the opportunity to access:
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