[102 Pages Report with Detailed Analysis] Widebody Aircraft MRO Market (Description) : Aircraft MRO is crucial for sustaining and extending the life of widebody aircraft. It consists of maintenances, overhauls, routine checks, repairs, and modifications carried out on widebody aircraft and their components. MRO services assure the safety and airworthiness of the aircraft. Commercial aircraft MRO includes engine overhaul, component MRO, line maintenance, and heavy maintenance.
Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Widebody Aircraft MRO estimated at USD million in the year 2022, is projected to reach a revised size of USD million by 2028, growing at a CAGR of % during the forecast period 2022-2028.
The high demand for wide-body aircraft MRO’s is due to the growth in the for long-haul routes with higher traffic, usually connecting international destinations. Many new wide-body aircraft MRO centres have been set up in numerous countries in recent years. This increases the participation of OEMs in the field of wide-body aircraft MRO service. Moreover, the growing demand for wide-body aircraft MRO equipment’s that satisfy the demand for aircraft fleet expansion. The rapid aircraft fleet expansion along with the increased focus of OEMs on providing aircraft MRO is expected to result in an increase in aircraft MRO expenses and as well as it is expected to add to the growth of the market.
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