AIME/MRO – Stand by for MRO boom time in the region

The region's MRO industry could get a well-earned boost in the next few years according to leading forecasters at the Aviation Week run conference alongside this week's MRO Middle East conference held in Dubai.
Time Aerospace thumbnail

Many have questioned a lack of MRO facilities and investment in the region compared to the massive orders made by the region’s major airlines.

But speaking at the conference Yen-Pu Paul Chen, Aviation Week’s director-forecasts and analytics, said that the very newness of the region’s fleet meant that many of the airlines had yet to undergo a heavy check.
Because the average fleet age will decline in the next 10 years, demand for MRO might only kick in with a “time lag,”, he said
Currently, Chen said, the average age of Middle East-based aircraft is declining from the current 10.8 years to 9.4 years, which already compares well to the rest of the world … but he said the share of the global MRO market will almost double from 3.5% to 6.1%, creating multiple opportunities. This equates to an annual growth of more than 8% annually – but much of this could be done in-house as airlines such as Emirates grows their own facilities and capabilities.

 

Related content