The global maintenance, repair and overhaul business is forecast to grow 3-5% annually as airlines increase outsourcing and demand more sophisticated management processes from maintenance providers to reduce costs and add value. The worldwide airline business has lost $40 billion since 2001 and is on track to lose another $4 billion in 2006, according to TeamSAI/BACK Aviation, which monitors the airlines and MRO providers. A major factor in that loss will be the rising cost of jet fuel, ...

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