MROs TO SEE MAINTENANCE BUBBLE IN 2012

Posted by Aviation Week                        By Lee Ann Tegtmeier

Many maintenance, repair and overhaul (MRO) company executives feel cautiously optimistic as the airline aftermarket rebounds, but they are readily cognizant of market forces, such as rising fuel prices, that could undo the uptick.   Aviation consultancy TeamSAI pegs that MRO market at $46.9 billion, which is 10.8% higher than in 2010. It forecasts a 3.8% compound annual growth rate through 2016, when it predicts the MRO market will be worth $56.4 billion.  Read Full Article Here

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