AIRCRAFT MAINTENANCE, REPAIR AND OVERHAUL (MRO) BMR-8015
CONTENTS
1. METHODOLOGY 1
Study Reliability and Reporting Limitations 1
Disclaimers 2
Quantitative Techniques & Reporting Level 3
2. INDUSTRY OVERVIEW 4
Global MRO Industry: A Prelude 4
Economic Crisis May Leave Aviation Industry in Rough Patch 4
Aircraft MRO Industry - A Snapshot 5
Emerging Trends in the Civil Aero Engine MRO Market 6
Market Trends and Issues 7
Airline Majors Engage in MRO Outsourcing For Trimming Costs 7
Changing Dynamics of Aircraft MRO Business 7
Aerospace Composites Market Set to Grow Tremendously in the Long Term 8
Aviation Industry Drives Growth in Commercial Aircraft MRO Market 8
Engine Overhaul Leads Aircraft MRO Market 10
Global Spending on Military Aircraft MRO Services Witnesses an Overdrive 11
Increased Air Traffic Spurt Growth in Aircraft MRO Market 12
Regional Aircraft Jets Propel MRO Market 13
Airframe Maintenance Faces Threat from Second Generation Aircrafts 14
MRO Unit Costs Decline as Market Spending Looks Up 15
Volume of Global Commercial Airline Fleets Set to Increase 16
Other Important Trends: A Snapshot 17
3. MRO GROWTH DRIVERS AND STRATEGIES 17
Rise in Worldwide Air Miles 17
Increase in Low Cost Carriers (LCC) 18
MRO Growth Strategies for the Future 18
Moving Towards Full-Service Integration 19
Enhancement in Productivity/Capabilities 20
Globalization Strategy 20
Efficiency in MRO Supply Chain 20
4. AIRCRAFT MRO NORMS AND REGULATIONS 21
Overview 21
Increasing Trend towards PMA Parts 22
5. PRODUCT FACTS 23
6. CORPORATE DEVELOPMENTS 28
Abu Dhabi Aircraft, Silver Air Form Alliance 28
Air Canada Extends Maintenance Agreement with Aveos 28
AAR Corp Acquires Avborne Heavy Maintenance 29
Boeing Takes Over Insitu 29
Rolls-Royce and Mubadala Establish New Aviation JV 29
Esterline Sells UK Subsidiary to Ametek 29
ST Aerospace Takes Over Remaining Stake in STA Solutions 29
Abu Dhabi Airport Awards Contract to Global Aviation 30
Global Aircraft Solutions Inks a Contract with Boeing 30
GoAir to Ink US$40 Million Deal with Air France Engineering 30
Cebu Pacific Establishes Joint Venture with SIA Engineering 30
HAECO, Taikoo Ink Accord with GE Pacific and GE Company 30
HAECO Sets Up Aircraft Maintenance Services Facility in China 31
AMETEK Acquires Drake Air 31
AMETEK Acquires Umeco Repair & Overhaul 31
AMETEK Completes the Acquisition of Advanced Industries and B&S Aircraft 32
Boeing Bags a Contract from USAF 32
AMETEK Takes Over High Standard Aviation 32
Aeroterm Takes Over MRO, Office, and Hangar Facility in Canada 33
Aerospace Enters into a Deal with GE Aviation 33
HAECO Inks a Joint Venture Deal with Air Arabia 34
Sun Capital Partners Completes the Acquisition of Pemco World Air 34
AMETEK Takes Over B&S Aircraft Parts & Accessories 34
Ranger Aerospace Takes Over Two Major Aviation MRO Companies 35
Fokker Services to Take Over Aerotron AirPower 35
AAR Acquires Majority Stake in Reebaire Aircraft 36
Vector Aviation to Acquire Perth Based Helicopter Component Repair Facility 36
Snecma Services and Airfoil Technologies Enter into a Joint Venture for Repair Services 36
Lockheed Martin Bags Contract for US Navy Helicopter Repair Services 37
ExelTech Aerospace Enters into Multi-Year Jet MRO Contract with Air Wisconsin 37
Russian Firm Inks Helicopter Maintenance Contracts with Chinese Companies 38
Czech Republic Grants Helicopter Repair Contract to Russia 38
Uzbekistan and Russia Enter into a JV for Setting up Helicopter MRO Unit 39
DRS Technologies Wins US Army Contract for Helicopter Maintenance Services 39
Jupiter Aviation Inks Agreement with EADS for Establishment of MRO Center 39
Lion Air, Delta Airlines Ink Pact for Aircraft MRO Facility 39
Lufthansa Technik Bags Two Aircraft MRO Contracts from US Airways 40
Abu Dhabi Aircraft and Etihad Airways Ink $500 Million, Multi-Year MRO Contract 40
Goodrich Corp and Cathay Pacific Enter into Aircraft MRO Services Alliance 41
Airbus S.A.S Inks Aircraft MRO Agreement with Lufthansa Technik Shenzhen 41
Malaysian Carrier AirAsia Inks Initial MRO Pact with New Domestic Company 41
Hamilton Aerospace Receives Aircraft MRO Contracts from Two Companies 42
Singapore Technologies, Xiamen Aviation Float JV for Aircraft Engine MRO 42
ExelTech Signs Bombardier Dash 8 MRO Services Contract with Piedmont Airlines 43
Jupiter Aviation, EADSEFW to Set Up MRO Facility in India 43
Taneja Aerospace to Sign MRO Joint Ventures with Foreign Firms 44
Indian Enters into MOU with CFM for Joint MRO Service Center in India 44
Pratt & Whitney Canada Ink Aircraft Engine MRO Contract with Gulfstream 45
National Carrier Indian Inks MRO Joint Venture for Aircraft MRO 45
Canada's ExelTech Bags 5-Year Contract for Bombardier Water Bombers 45
ACTS LP Signs US$200 Mln MRO Agreements with TACA International and Volaris 46
ExelTech Aerospace Signs MRO Contract with West Wind Aviation 46
Boeing to Commence MRO services in China through JV 46
Lufthansa Technik Announces Plan to Set Up MRO Unit in Hyderabad, India 47
Mesaba Airlines to Set up a MRO Unit at Des Moines Airport, Iowa 47
Boeing Announces Plan to Establish MRO Facility in Nagpur, India 47
Dubai Government to Establish the Largest MRO facility Worldwide in Jebel Ali, Dubai 48
SIA Engineering to Establish Aircraft MRO Unit in Vietnam 48
Spirit AeroSystems to Initiate Aircraft MRO Services in Europe 48
Jet Airways to Establish MRO Center in Chennai, India 49
Goodrich Corp. Divests Heavy Maintenance Unit to Macquarie Bank 49
Ace Aviation Holdings Divests 70% Stake in Aircraft MRO Plant 49
Japan Airlines to Divest Majority Stake in Maintenance Unit to Itochu Corp 49
Brazil Embraer Initiates Construction of MRO Facility in Arizona, US 50
SIA Engineering and Wadia Group Mutually Terminate Aircraft MRO Venture 50
ST Aero Receives Regulatory Nod for Commencing MRO Operations 50
7. MAJOR PLAYERS 51
Air France KLM (France) 51
Aveos Fleet Performance Inc (Canada) 51
AAR Corp (US) 51
Ameco Beijing (China) 51
Ametek Inc (US) 52
Abu Dhabi Aircraft Technologies (UAE) 52
Bedek Aviation Group (Israel) 52
Delta TechOps (US) 53
ExelTech Aerospace Inc (Canada) 53
Aviation Technical Services, Inc (US) 53
Hong Kong Aircraft Engineering Company (Hong Kong) 53
Lufthansa Technik (LHT) (Germany) 54
MTU AeroEngines (Germany) 54
Singapore Technologies Aerospace (ST Aerospace) (Singapore) 54
SR Technics (Switzerland) 54
SIA Engineering Co (Singapore) 55
Snecma Services (France) 55
STAECO (China) 55
TIMCO Aviation Services, Inc (US) 55
VEM/TAP M&E (Brazil) 56
8. GLOBAL MARKET ANALYTICS 56
9. THE UNITED STATES 62
Market Overview 62
Leading North American Aircraft MRO Providers in 2005 64
Main Issues in the Marketplace 64
Aircraft Fleets and Deliveries 64
US Business Aviation Market 65
10. CANADA 66
11. JAPAN 69
12. EUROPE 70
Market Overview 70
MRO Industry Shakeout 70
Changing MRO Market Structures in Europe 71
The Old/Present MRO Structure 71
Airlines 71
Airline-Affiliates 72
Independents 72
Prime Manufacturers 73
Component OEMs 73
New/Future MRO Market Structure 73
Eastern Europe Set to Become Low Cost MRO Hub 74
The Netherlands MRO Market 76
13. ASIA-PACIFIC 78
a. China 80
b. India 83
c. Korea 86
d. Rest of Asia-Pacific 87
14. THE MIDDLE EAST 89
Market Overview 89
15. LATIN AMERICA 90
Market Overview 90
Major MRO Trends in Latin America 91
Leading MRO Service Providers in Latin America by Country - 2007 92
Brazil 93
Market Opportunities for Varied Aviation Sectors in Brazil 93
16. AFRICA 94
Market Overview 94
EXHIBITS
Table 1: Percentage Breakdown of Fleets in the Global Business Aviation Market by Operator Region - 2008
Table 2: Percentage Breakdown of Fleet Size in the Global Commercial Airlines Market by Region - 2011P $ 2016P
Table 3: Breakdown of Growth in Number of Units in the Global Aviation Engine Fleet Market by Technology - 2015P
Table 4: Percentage Breakdown of Spending in the Global Commercial MRO Market by Country/Region - 2007
Table 5: Percentage Breakdown of Aircraft Fleet in the Global Active Military Aircraft Market by Mission Type - 2008
Table 6: Percentage Breakdown of Global Air Passenger Traffic Market by Region - 2007
Table 7: Breakdown of Growth Percentage in the Global Air Passenger Traffic Market by Region (2006-2015)
Table 8: Breakdown of Market Growth in the Global APU MRO Market by Aircraft Size Category (2005 & 2015)
Table 9: Breakdown of Per Unit Spending Costs in the Global MRO Market (2006-2016)
Table 10: Percentage Breakdown of Global Commercial Jet Transport Market by Fleet Type - 2011P & 2016P
Table 11: Percentage Breakdown of Spending in the Global Aircraft MRO Market by Driver- 2008
Table 12: Percentage Breakdown of Service Providers in the Global Aircraft MRO Market by Type - 2010
Table 13: Percentage Breakdown of Service Providers in the Global Aircraft MRO Market by Revenue Model - 2010
Table 14: Percentage Breakdown of Demand in the Global Airframe Heavy MRO Market by Aircraft Type - 2007
Table 15: Percentage Breakdown of Airframe Heavy Maintenance in the Global Airframe Heavy MRO Market by Supplier - 2007
Table 16: Percentage Breakdown of Global Airframe Heavy Maintenance Market by Types of Aircraft Fleets - 2014P
Table 17: Breakdown of Aircraft Deliveries in the Global Passenger Aircraft Market by Top Ten Region/Country - 2006
Table 18: Percentage Breakdown of Global Components MRO Market by Segment - 2007
Table 19: Percentage Breakdown of Global Air Transport Engine Overhaul Market by Supplier - 2007
Table 20: Percentage Breakdown of Engine Overhaul by Engine Type in the Global Engine MRO Market - 2007
Table 21: Percentage Breakdown of the Global Engine Overhaul Market by Segment - 2007
Table 22: Percentage Breakdown of Global Engine Overhaul Market by Supplier - 2007
Table 23: Percentage Breakdown of Overhaul Costs by Segment in the Global Engine Overhaul Market - 2008
Table 24: Percentage Breakdown of Material Repair in the Global Engine Overhaul Market by Segment - 2008
Table 25: Percentage Breakdown of Outside Components Repair in the Global Engine Overhaul Market by Segment - 2008
Table 26: Percentage Breakdown of Demand in the Global Line Maintenance Market by Aircraft Type - 2007
Table 27: Percentage Breakdown of Service Supply in the Global Line Maintenance Market by Type - 2008
Table 28: Percentage Breakdown of Type of Cost Structure in the Global Line Maintenance Market by Service Type - 2008
Table 29: Global Aircraft MRO Market by Region for the Period 2007-2015 (Sales in US$ Million)
Table 30: Percentage Breakdown of Global Aircraft MRO Market by Region for the Years 2009 & 2012
Table 31: Global Heavy Airframe Maintenance Segment Market by Region for the Period 2007-2015 (Sales in US$ Million)
Table 32: Percentage Breakdown of Global Heavy Airframe Maintenance Segment Market by Region for the Years 2009 & 2012
Table 33: Global Modifications Maintenance Segment Market by Region for the Period 2007-2015 (Sales in US$ Million)
Table 34: Percentage Breakdown of Global Modifications Maintenance Segment Market by Region for the Years 2009 &
2012
Table 35: Global Components Maintenance Segment Market by Region for the Period 2007-2015 (Sales in US$ Million)
Table 36: Percentage Breakdown of Global Components Maintenance Segment Market by Region for the Years 2009 & 2012
Table 37: Global Engine Overhaul Maintenance Segment Market by Region for the Period 2007-2015 (Sales in US$ Million)
Table 38: Percentage Breakdown of Global Engine Overhaul Maintenance Segment Market by Region for the Years 2009 & 2012
Table 39: Global Line Maintenance Segment Market by Region for the Period 2007-2015 (Sales in US$ Million)
Table 40: Percentage Breakdown of Global Line Maintenance Segment Market by Region for the Years 2009 & 2012
Table 41: Airlines Outsourcing their MRO Activities in United States by 2006
Table 42: Percentage Breakdown of Fleets in the US Business Aviation Market by OEM - 2007
Table 43: Percentage Breakdown of Fleets in the US Business Aviation Market by Engine Type - 2008
Table 44: Percentage Breakdown of Fleets in the US Business Aviation Market by Operator Type - 2008
Table 45: Aircraft MRO Market by Maintenance Segment in the US: 2007-2015 (Sales in US$ Million)
Table 46: Percentage Breakdown of Aircraft MRO Market by Maintenance Segment in the US for the Years 2009 & 2012
Table 47: Breakdown of Canadian Aerospace Industry by Parameter - 2006
Table 48: Percentage Breakdown of Canadian Aerospace & Defense Industry by Segment - 2007
Table 49: Aircraft MRO Market by Maintenance Segment in Canada: 2007-2015 (Sales in US$ Million)
Table 50: Percentage Breakdown of Aircraft MRO Market by Maintenance Segment in Canada for the Years 2009 & 2012
Table 51: Aircraft MRO Market by Maintenance Segment in Japan: 2007-2015 (Sales in US$ Million)
Table 52: Percentage Breakdown of Aircraft MRO Market by Maintenance Segment in Japan for the Years 2009 & 2012
Table 53: Percentage Breakdown of European Airlines Market by Airline Type - 2010P
Table 54: Percentage Breakdown of Leading Players in the Russian Core Engine Repair Market - 2006
Table 55: Percentage Share Breakdown of Market Size in the Netherlands MRO Market by Segment - 2008
Table 56: Breakdown of Aircraft MRO Market by Segment in Dutch - 2007
Table 57: Aircraft MRO Market by Maintenance Segment in Europe: 2007-2015 (Sales in US$ Million)
Table 58: Percentage Breakdown of Aircraft MRO Market by Maintenance Segment in Europe for the Years 2009 & 2012
Table 59: Breakdown of Growth Percentage in the Global Air Passenger Traffic Market by Region: (2006 -2015)
Table 60: Aircraft MRO Market by Region in Asia-Pacific: 2007-2015 (Sales in US$ Million)
Table 61: Percentage Breakdown of Aircraft MRO Market by Region in Asia-Pacific for the Years 2009 & 2012
Table 62: Aircraft MRO Market by Maintenance Segment in Asia-Pacific: 2007-2015 (Sales in US$ Million)
Table 63: Percentage Breakdown of Aircraft MRO Market by Maintenance Segment in Asia-Pacific for the Years 2009 &
2012
Table 64: Aircraft MRO Market by Maintenance Segment in China: 2007-2015 (Sales in US$ Million)
Table 65: Percentage Breakdown of Aircraft MRO Market by Maintenance Segment in China for the Years 2009 & 2012
Table 66: Aircraft MRO Market by Maintenance Segment in India: 2007-2015 (Sales in US$ Million)
Table 67: Percentage Breakdown of Aircraft MRO Market by Maintenance Segment in India for the Years 2009 & 2012
Table 68: Aircraft MRO Market by Maintenance Segment in Korea: 2007-2015 (Sales in US$ Million)
Table 69: Percentage Breakdown of Aircraft MRO Market by Maintenance Segment in Korea for the Years 2009 & 2012
Table 70: Percentage Breakdown of Singapore Aircraft MRO Market by Overhaul Segment - 2008
Table 71: Aircraft MRO Market by Maintenance Segment in Rest of Asia-Pacific: 2007-2015 (Sales in US$ Million)
Table 72: Percentage Breakdown of Aircraft MRO Market by Maintenance Segment in Rest of Asia-Pacific for the Years
2009 & 2012
Table 73: Aircraft MRO Market by Maintenance Segment in Middle East: 2007-2015 (Sales in US$ Million)
Table 74: Percentage Breakdown of Aircraft MRO Market by Maintenance Segment in Middle East for the Years 2009 & 2012
Table 75: Percentage Breakdown of Latin American Aviation Fleet by Country - 2007
Table 76: Percentage Breakdown of the Latin American Engine Overhaul Market by Engine Type - 2007
Table 77: Percentage Breakdown of Heavy Maintenance Demand in the Latin American MRO Market by Supplier Type - 2007
Table 78: Aircraft MRO Market by Maintenance Segment in Latin America: 2007-2015 (Sales in US$ Million)
Table 79: Percentage Breakdown of Aircraft MRO Market by Maintenance Segment in Latin America for the Years 2009 & 2012
Table 80: Aircraft MRO Market by Maintenance Segment in Africa: 2007-2015 (Sales in US$ Million)
Table 81: Percentage Breakdown of Aircraft MRO Market by Maintenance Segment in Africa for the Years 2009 & 2012
COMPANIES PROFILED
To order this report:
Air Transport Industry: Aircraft Maintenance, Repair And Overhaul (MRO) - A Global Market Perspective
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