Major commercial aircraft MRO market players include Airbus, Boeing Company, AAR Corporation, Bombardier Inc., Embraer S.A., Delta TechOps, General Dynamics Corp., Hong Kong Aircraft Engineering Company (HAECO) Ltd., GE Aviation, Honeywell Aerospace, Lufthansa Technik AG, Rolls-Royce plc, MTU Aero Engines AG, and Safran SA.
updated: Aug 17, 2021
August 17, 2021 (Newswire.com) –
The commercial aircraft MRO market is anticipated to record a valuation of USD 95 billion by 2027, according to the most recent study by Global Market Insights Inc. Rising globalization coupled with increasing economic growth has led to a considerable rise in air travel across the globe. This has indeed impelled the production of commercial aircraft over recent years. The burgeoning demand for aircraft has subsequently increased the need for…