T'WAY AIR plans, in partnership with Incheon International Airport Corporation, to build US$100m, 15,000 sq meter LCC maintenance facility (two aircraft bays) at Seoul Incheon for early 2028; third party MRO could start in 2031.
MRO providers have been among the top beneficiaries of Airbus and Boeing’s production woes, as increased flying of older jets have prompted more shop visits.
Gulf Air is to create a new maintenance, repair and overhaul (MRO) facility at its Bahrain hub, which will service both its own aircraft and those of other airlines.
STS AVIATION GROUP says the global MRO industry, projected at >$282b in 2025, is set to face significant challenges, from supply chain issues and labor shortages to technological disruptions and increased demand; proactive adaptation will be key to success and MRO companies that embrace change and invest in strategic initiatives now will reap rewards.
