FL Technics Jets sees rapid change in MRO business
FL Technics Jets stated (24-Oct-2011) the MRO business is "changing rapidly" and aviation industry growth will continue to generate new challenges for the MROs operating according to a one-stop-shop principle. According to Aerospace Global Report 2011, the engine manufacturing outlook seems positive. A key feature over the next 20 years will be demand for greener and more fuel-efficient engines. Over the next 20 years, this demand is expected to reach 141,000 engines estimated at over USD800 billion. The trend of airlines outsourcing MRO work is also expected to continue – around 90% of engine MRO, 30% of line maintenance, 85% of component support and 75% of heavy airframe maintenance support is outsourced.
There is also an increased preference for one-stop-shop solutions in both commercial and business type aircraft maintenance markets. FL Technics added the Eastern European market is expanding dramatically and while the labour rate advantage in the region has become "marginal" over the last few years, it is still a highly important factor as Eastern Europe MRO companies can save up to 30%-35%. [more - original PR]