Latin America and Middle East Poised for MRO Growth, But Face Challenges

Is Latin American MRO ready for growth? The region accounts for 8% of the 27,531 aircraft in the 2014 global fleet and 6% of the MRO value of $62.1 billion—but Jonathan Berger, vice president of ICF International, predicts this MRO market will grow to $5.9 billion by 2024, at 5.2% per annum. This...

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