3 Jan 2020
Incoming technologies, consolidation in the industry and the changing composition of the global fleet have driven growth in the MRO sector.
The commercial air transport MRO market has been valued at around $82 billion in 2019, according to a report by experts at Oliver Wyman. In a recent publication, AviTrader MRO interviewed AJW Technique’s CEO looking back at the trends that shaped the past year.
A noticeable trend is the rapid expansion and growth across China and the wider Asia Pacific region with several airports being built and increasing passenger numbers making the market extremely lucrative reckons Sajedah Rustom, CEO AJW Technique.
Sajedah states the gradual maturing of China’s relatively young aircraft fleet has boosted demand for rotable components.
“A knock-on effect of this is the increased demand for skilled MRO talent in the Asian region. We have already started to see an increase in highly-skilled engineering professionals coming through and this will only increase as the Asian market is forecast to be home to 40% of the global aircraft fleet by 2027.”
Having predicted this rapid growth, AJW has held a presence in the Asian market for over 20 years and it is very much a core part of the strategy for the future.
Another notable change in the industry has been airframe OEMs’ expansion into the aftermarket, Sajedah also observes. Airlines and aircraft manufacturers often desire a nose-to-tail aftermarket solution that delivers benefits that stretch far beyond keeping up with day-to-day maintenance requirements.
“AJW offers airlines a complimentary mix between the airline, OEMs and third-party MRO partnerships. By using AJW as an integrator, airlines can greatly streamline their maintenance requirements.”
AJW benefits from these partnerships too, especially the technical, reliability and Service Bulletin/Airworthiness Directive support that a component OEM can provide – “So rather than taking a competitive approach, teaming with OEMs enables aftermarket providers, like AJW, to build highly effective agreements that deliver the streamlined and cost-effective solutions that the airlines want and need.”
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