Driving MRO demand for much of the decade will be the Trent 700, which is expected to account for $2 billion of maintenance work next year.
Cory Barnes (Wikimedia Commons)
The highest MRO share of the widebody engines is GE Aviation's GE90-115B, found powering the Boeing 777. It is expected to hold a 10% MRO market share from next year through to 2027.
The growing number of older A320 retirements aren't expected to diminish the amount of aftermarket work generated. The engine is tied joint second for MRO market share over the next 10 years.
IBA said that a 1999-vintage CFM56 engine for an Airbus A320 has only lost 10% of its value “due to the combined benefits of OEM price inflation and regular reinvestment”.
Despite having been in service since 1995, the engine for the Boeing 737NG isn't expected to leave the global fleet anytime soon but will comfortably have the largest MRO market share over the next decadeat 21%.