MROAM: MRO industry sees growth over next decade
14. april 2011 11:59 | TechnicalFlight Global
Industry analysts see overall growth in the maintenance, repair and overhaul industry over the next decade, yet industry consensus points to today's fragile recovery remaining at the mercy of high oil prices.
TeamSAI executive vice president David Marcontell, speaking at the Aviation Week MRO Americas conference in Miami, expects global MRO spending to increase by 10.8% in 2011 to $46.9 billion, up from $42.3 billion in 2010, supporting a worldwide fleet of 20,203 aircraft, up from 19,675 in 2010.
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