MRO Providers Eye Recovery And Change

Credit: Lufthansa Technik

Germany, home to the likes of Lufthansa Technik and MTU Maintenance, will generate $17.7 billion in aftermarket spend from 2021 through to 2030, according to the 2021 Aviation Week Network Fleet & MRO Forecast.

IATA’s latest forecast does not see global passenger demand reaching 2019 levels until 2024, with domestic markets recovering faster than cross-border ones. Flying capacity will lead demand a little, as airlines initially accept low load-factor flights, but most MRO will lag this capacity. Short...

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