What Happened
Global Aircraft Supply Crunch Creates Huge Maintenance Opportunity
The commercial aviation MRO market is becoming a significant opportunity, driven by the global aircraft supply crunch. With Boeing and Airbus struggling to meet demand, airlines are keeping their existing fleets flying for longer, resulting in increased maintenance needs. The market is expected to reach $120 billion in 2025 and cross $150 billion by 2030, according to IATA’s supply chain analysis, as reported by Unknown Source.