OLIVER WYMAN

Stephen Costley April 03, 2025

OLIVER WYMAN forecasts global MRO sector will increase 2.7% per year to $156.1b in 2035 (vs $120.1b in 2025) to support 38,309 aircraft (vs 29,079); aircraft utilization is to exceed 112m flight hours annually by 2035, up 39% vs 2024.

Stephen Costley

Steve Costley is responsible for the overall production SpeedNews. Steve has over 30 years of experience with SpeedNews, now part of the Aviation Week Network. He joined the company in August 1989 as an Associate Editor and was named Managing Editor in 1994. He was also named Vice President and Chief Operating Officer of SpeedNews, Inc., in the late 1990s, and held those titles until Prism Business Media acquired the company from Gil Speed in 2006.

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