Why the Aviation MRO and Aircraft Parts Market Is Going To Grow

One of the key reasons why the spare parts market looks set to skyrocket, is pure economics. The bottom line is that airlines are cash-strapped. They don’t want to buy any new aircraft – one only needs to look at the recent aircraft orders this year from Boeing and Airbus, to see how dramatically the numbers have fallen. Instead, they want to ensure that their existing airframes keep on flying. To do this, they need parts and MRO services to keep the engines humming and the aircraft is good condition.

Source: Post Covid-19: Why the Aviation MRO and Aircraft Parts Market Is Going To Grow | Eways Aviation

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