The global Boeing 767 fleet will stand at 768 aircraft next year, according to Aviation Week's 2019 MRO & Fleet Forecast data. The vast majority of operators will be in North America, with 456 aircraft flown by the likes of American Airlines, United and Delta Air Lines.
Global Fleet Will Decline Over 10 Years
British Airways retired its final 767 this week in a move that illustrated carriers moving away from the aircraft and looking towards new-generation alternatives. Over 10 years, the global fleet will reduce from 768 aircraft in 2019 to 638 by 2028.
MRO Spend Will Also Decrease
As a result of the global 767 fleet shrinking, MRO spend is also expected to decline over 10 years. Over the next decade, maintenance growth rate is expected to be -4.1%. Total MRO demand is projected at $23.5 billion.
North America Will Drive MRO Spend
Unsurprisingly, North America will drive MRO spend for the 767. Aviation Week projects a $13.5 billion financial outlay over 10 years, dwarfing the spend in the second highest region Asia-Pacific, which will account for $3.2 billion of spend.
Line Maintenance Will Be An MRO Sweet Spot
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Line maintenance work will account for 34% of overall maintenance spend on the Boeing 767 over a 10-year period. $8.1 billion is projected by Aviation Week data, followed by engine work (30%) and components (17%).