The key player has launched a new commercial aviation report, now available on ASDReports, entitled Top 20 Commercial Aircraft Maintenance, Repair & Overhaul (MRO) Companies 2018: Market Share Analysis, Financials & Contract Details for The Leading Engine, Component, Heavy Airframe & Line Maintenance Providers Including United Technologies Corporation, Airbus, GE Aviation, Lufthansa Technik & More
Commercial aircraft MRO is a critical requirement for safety reasons, ensuring that aircraft, including engines and components meet standards of airworthiness as determined by national and international aviation regulators. Primary activities in commercial aircraft MRO focus around heavy airframe maintenance, engine repair and overhaul, component repair and overhaul, and line maintenance. Supplementing these tasks are support services such as logistics, material management, exchange and leasing to customers to add value.
The report analyst commented “The top 20 companies that are profiled are a variety of independent MRO providers, in-house airline maintenance divisions and OEMs. The landscape of the commercial aircraft MRO market is fast changing and is seeing OEMs progressively increasing their presence. This is placing pressure on traditional market players. Subsequently, it is believed that market players will need to become more flexible in their strategic approach to accommodate new customer demands and an increasingly competitive environment.“
Source: ASDReports - Market Research
Date: Jun 13, 2018