Key Points We Learned At MRO Southeast Asia Virtual

The polls that took place during the sessions at MRO Southeast Asia are included in the gallery and have the option to have your say. Following each poll we will include the results from the live webinar. Are there any surprises from the audiences? 

“As utilisation picks up due to the increase in commercial travellers, we will see growth everywhere within the MRO market. Fastest growth will be in China and Asia Pacific, with 5.0% and 4.9% CAGR respectively over the next decade. Recovery will drive growth until 2021, but expansion of commercial aircraft fleets in the two regions forms a foundation of the stronger growth trend.” 

Paul Burton, Managing Director, Asia Pacific, Aviation Week Network

This quote is from the complimentary Regional Forecast at MRO Southeast Asia Virtual. If you would like to catch up on the complimentary sessions, you can find them here. 

When do you see MRO demand returning for your company?

Take a look at the viewer results from MRO Southeast Asia below, are there any surprises?

• It has stayed pretty constant 4%
• We expect a short-term return (2021-22) 47%
• It will take many more years to fully recover 49%
• It may never return to what it was 0%

Moderator Insight:

"This discussion highlighted how the impact of the pandemic has varied widely for different MRO organizations. Some panellists predict a demand recovery in the third or fourth quarter, while others have seen little reduction or have even grown their businesses. Recovery rates are affected by geographical location as well as market sectors. In many cases MRO companies have shifted their focus to areas such as freighter conversions and maintaining stored aircraft, as they look for new revenue sources until their traditional demand returns."

Adrian Schofield, Senior Air Transport Editor, Aviation Week Network

Watch the session in full here

Which digital applications will have the greatest impact in MRO over the coming 1-3 years?

Compare the viewer results from MRO Southeast Asia below, are there any surprises?

• Fewer aircraft disruptions 10%
• MRO Operations 39%
• Supply Chain/Logistics/Parts 31%
• Aircraft Transitions 10%
• Customer support/admin/overhead 11%

Moderator Insight:

"The session showed that digital has a key role to play in addressing airline MRO challenges post-COVID. Not all will come at once, but there’s an ecosystem of software- and service providers and SaaS business models ready to take on the acceleration of digital in this industry, even with cash-strapped airlines."

Jonas Murby, Principal, AeroDynamic Advisory

Watch the session in full here

What are the main concerns of airlines in Southeast Asia post-COVID-19?

Compare the viewer results from MRO Southeast Asia below, are there any surprises?

• Decreased size of fleets (retirements/aircraft going into long-term storage) 25%
• Renegotiation of contracts 13%
• Workplace challenges due to COVID-19 restrictions 10%
• Access to trained, certified staff 13%
• Capacity challenges of post-COVID-19 work surges 28%
• Parts supply –supply chain challenges and demand for certain parts 13%

Moderator Insight:

"Airlines are working hard to restore passenger confidence in Southeast Asia but slow rollouts of vaccine programs along with continued travel restrictions are stalling these efforts. Maintenance divisions of airline are adopting passenger confidence strategies such as disinfecting the cabin and there is a belief that better cooperation between airlines, airports, regulators and national governments is needed. Regional recovery is predicted to take two years."

James Pozzi, European MRO Editor, Aviation Week Network

Watch the session in full here