CFM International, manufacturer of the CFM56 family (pictured) engine, will hold the largest market share over the next 10 years. Aviation Week's Fleet & MRO Forecast data estimates a 51% market share.
Ominous Rumblings From SE Asia
Prior to the pandemic, Southeast Asia was one of aviation’s biggest growth markets and as a result the region saw the launch of numerous new MRO operations, often as joint ventures.
Boeing Expects MRO Workforce Demand To Remain High, Despite Downturn
Despite a decrease in MRO demand and the resulting job cuts and furloughs that have arisen during the COVID-19 crisis, Boeing remains positive about industry demand for aviation maintenance technicians.
The traffic crash, troubled airline and lessor finances and coming aircraft tear downs are going to dramatically reshape aircraft and engine part markets for years. One aftermarket exec with unique insights into these markets gave an early look at what’s happened so far in a recent audio conference.
Podcast: Boeing Perspective On Outlook For Aftermarket
As the aviation industry tracks fleet status daily for signs of recovery, Wendy Sowers, Boeing’s director, commercial market forecasting and analysis, talks with Aviation Week’s Lee Ann Shay about commercial aviation trends, what aftermarket segments should recover first (and last) and predictions for what the MRO market could look like post-pandemic.