Third-party work is booming in Europe, where smaller airlines long have relied on MRO services from the region's flag carriers, which themselves traditionally have traded work with each other. Consultants at Booz-Allen&Hamilton estimate that roughly 40% of European airframe and component work is outsourced. In Europe, full-service MRO can be very attractive for any carrier small-er than the largest flag airlines. ``In-house is very expensive, there is a lot of initial ...

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