Region's MRO to Reach US$5 bn in 10 Years

26.02.2010 Aviation

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Middle East airlines are expected to increase their demand for Maintenance, Repair and Overhaul (MRO) by 7.6 per cent a year over the next 10 years, bringing the total spend to US$4.8 billion by 2019.
The comment was made by David Stewart, Partner at Aerostrategy, a UK-based consultancy specialising in commercial/military MRO market forecasting, who is speaking at MRO Middle East, the second edition of the conference and exhibition, presented by Dubai Airshow organiser F&E Aerospace and AVIATION WEEK.

The prediction for the Middle East MRO market compares favourably against the global market growth of 3.2 per cent, to total US$58.4 billion over the same period.

MRO Middle East is one of three shows running during ‘Aerospace Week’, from 28 February to 4 March 2010, which will be inaugurated at Airport Expo, Dubai, by His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai’s Department of Civil Aviation Authority, Chairman Dubai Airports and Chairman & Chief Executive of Emirates Airline & Group.
 

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