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 ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "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.".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.