Two of the most significant trends in the Asia-Pacific market are airline consolidation and the increasing importance of Southeast Asia, a new study says.
The outlook for mergers and acquisitions in the aerospace and defense aftermarket is improving following a relatively muted 2023, analysts say at MRO Americas.
Global MRO spending will rise from $112 billion in 2023 to $139 billion by 2033, growing 2.2% annually, according to a new report by Alton Aviation Consultancy.