Maintenance, repair and overhaul business is forecast to grow more than 3% annually during the next decade
Fleet expansion and rising demand for air travel will fuel growth of the global maintenance, repair and overhaul business to as much as $55 billion by 2015. As airlines seek to widen the gap between revenue and cost per available seat mile, the MRO industry can play a strategic role by providing more value and higher quality work at lower cost. Important emerging trends include more increased globalization of MRO work, more supplier-owned inventory, bundled asset management programs and ...
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