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MRO

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There will be a demand of 7,659 D checks and 6,568 engine LLP
Global MRO activity
events in the region over the next decade. Although efforts are
has picked up after the on to develop a pipeline of qualified maintenance technicians,
pandemic and is expect- North America will continue to be the hardest hit region.
ed to continue to grow at MRO activity is not confined to within regions, numbers show.
North American operators outsourced as many as 241 MRO con-
a modest pace until 2032 tracts, involving 16,021 aircraft. Most of the work – 180 contracts
 Arun Sivasankaran and 9,204 aircraft, were outsourced to Europe while 23 contracts
lobal MRO demand will grow at a and 1791 aircraft involved MRO operators in Asia Pacific. Twenty
contracts and 3,557 aircraft went to Latin America while ten were
modest CAGR of 2.8 per cent from
G 2023-2032, with Asia accounting for outsourced to China. Most of the engine MRO work was done by
most of the demand. GE Celma, BZ, Lufthansa Technik and MTU while airframe and
component MRO contracts primarily went to Aeroman, TechOps
Total commercial MRO demand will represent Mexico and HAECO. MRO operators in North America got their
a value of US$1,027 billion for the period of own share of contracts from other regions as well – as many as
2023-32. Of the total value, Asia’s share will 1039 MRO contracts involving 19,662 aircraft were insourced,
be 33 per cent. Europe, with 25 per cent, and indicating the global nature of the industry.
North America (25 per cent) are in second and
third place, says Aviation Week’s 2023 Fleet & According to the forecast, legacy engines will continue to out-
MRO Forecast that was released at the recent number new-generation engines in North America for most of
MRO Americas 2023. While the Middle East the decade, but the gap will narrow with each year. There are
will account for 11 per cent of the total value, currently a little over 16,000 legacy engines in service, and about
Latin America’s share will be 5 per cent. Africa 3,000 new-gen engines. According to the forecast, new genera-
will bring up the rear at 3 per cent. tion engines in the region will outnumber legacy engines in the
region by 2031. LEAP family engines for the A320 and Boeing
According to the forecast, commercial MRO 737 will account for 56 per cent of new engine deliveries over
demand in the North America region will the period.
represent a value of $233.7 billion during
the ten-year period. There will be a total of
63,224 total shop visits, according to the fore- Commercial Aircraft Fleet
cast. Engine MRO will grow faster than other In what is a clear sign of the industry’s complete recovery from
categories at a CAGR of 3.1 per cent. Engine the pandemic, the in-service fleet in 2023 will exceed pre-pan-
maintenance work will constitute as much
as 41 per cent- about US$96 billion - of the demic 2019 levels. Globally, the active fleet is expected to grow
total MRO demand in North America. While 37 per cent from 32,458 in 2023 to 44,360 in 2032, at a CAGR
components and line maintenance account of 3.5 per cent. Narrowbodies will be the main driver of growth
will account for 24 per cent and 23 per cent of in all regions. Being a mature market, the growth of the active
the total demand, airframe heavy and modifi- in-service fleet will be slower in North America at 1.7 CAGR.
cations will see demand around US$14 billion As many as 10,800 aircraft retirements are expected over the
and US$13.9 billion respectively. forecast period, at an average of 1,086 per year. Of these, 4,800
retirements will be from North American fleets. The maximum
Inter-Region Activity number of retirements in a year – 1,297- is expected in 2027. As
North America region will see total demand of a result of the spate of retirements, used spare parts and green
26,573 C checks and 22,424 engine overhaul time engines may flood the market for popular legacy types,
shop visits during the for the forecast period. bringing prices down, the report says.

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