Dublin, July 20, 2018 (GLOBE NEWSWIRE) -- The "Aircraft Maintenance, Repair and Overhaul (MRO) - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Middle East & Africa, and Latin America. Annual estimates and forecasts are provided for the period 2016 through 2024. Also, a five-year historic analysis is provided for these markets. This report analyzes the worldwide markets for Aircraft Maintenance, Repair and Overhaul (MRO) in US$ Million by the following Segments:

  • Heavy Airframe Maintenance
  • Modifications
  • Components Maintenance
  • Engine Overhaul
  • Line Maintenance

Key Topics Covered:

1. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS 2. INDUSTRY OVERVIEW Aircraft MRO & Its Continuing Importance in Airworthiness Management: A Review What Does it Take to Survive in the Competitive MRO Market? The Ever-Present Threat of Air Accidents Reinforces the Importance of MRO Commercial Aviation Industry: The Barometer of Health of the MRO Market Aging Aircraft Double Up the Opportunities for MRO Services Corrosion & Fatigue Wear and Tear: The Most Important Aspect of MRO Smart Management of Assets & the Resulting Focus on Predictive and Condition Based Maintenance Bodes Well for Aircraft MRO Services Aircraft Big Data Storms Into the Limelight as a Key Enabler of Effective Condition Based Monitoring Nondestructive Evaluation & Inspection of Aircraft Grows in Prominence Avionics MRO Emerges into a Key Revenue Spinner Recovery in Defense Budgets to Bring the Much Awaited Relief to Military MRO Market The U.S. & Europe Once Again Emerge to Drive Global Military Spending in 2018 Asia & the Middle East Will Continue to Remain Long-Term Driving Forces for Growth in Military Spending Defense Spending Growth Shifts From Developed to Emerging Countries Rapid Expansion of LCCs Expands the MRO Opportunity in Asia-Pacific Cost Competitive PMA Certified Parts Grow in Importance in the MRO Market Growing Threat of PMA Forces OEMs to Reevaluate their Role in the MRO Market Need to Reduce Operating Costs Drives Growth in MRO Outsourcing Services Low Cost Developing Countries Emerge as MRO Hubs Narrowing Wage Differentials Threaten to Disrupt MRO Outsourcing Growing Use of Composites in Airframes Challenge MRO Providers to Seek for Improved Tools and Techniques Surging Demand for Engine MRO Boosts Growth of Global MRO Market Challenges of New and Next-Generation Engines Sets the Stage for OEM-MRO Partnerships Labour Intensive MRO Industry to Face Impending Shortage of Skilled Technicians Market Outlook 3. CONCEPTUAL OVERVIEW Aircraft MRO (Maintenance, Repair and Overhaul): A Definition Major Areas of Aircraft Maintenance, Repair and Overhaul Include - World Aviation MRO Market - Types of Repairs and Maintenance under Each Segment Development of the MRO Industry Through the Years Flowchart of an Efficient MRO Supply Chain System Aircraft MRO Functioning and Processes Types of MRO Maintenance Activities Routine MRO Activity Non-Routine MRO Activity Modification Maintenance Schedules and Approval Systems A-Check/Minor Check B-Check C-Check/Major Check IL-Check D-Check Military Aircraft MRO: A Definition Field Maintenance Airframe Heavy Maintenance Aircraft Components & Systems Engine Overhaul Commercial Aircraft MRO: A Definition Airframe Heavy Maintenance Aircraft Modifications Components Maintenance Engine Overhaul Line Maintenance Aircraft MRO Norms and Regulations: An Overview 4. COMPETITIVE LANDSCAPE 4.1 Focus on Select Players AAR Corp (USA) Aeroman (El Salvador) AIRBUS SAS (France) Air France KLM Engineering & Maintenance (France) Ameco Beijing (China) AMETEK MRO (USA) Aviation Technical Services, Inc. (USA) Bedek Aviation Group (Israel) Bombardier, Inc. (Canada) Delta TechOps (USA) GMF AeroAsia (Indonesia) Honeywell International Inc. (USA) Hong Kong Aircraft Engineering Company (Hong Kong) Lufthansa Technik AG (Germany) MTU AeroEngines AG (Germany) Sabena Technics (France) Singapore Technologies Aerospace (ST Aerospace) (Singapore) SR Technics (Switzerland) SIA Engineering Company (Singapore) STAECO (China) TAP Maintenance & Engineering (Portugal) The Boeing Company (USA) 4.2 Recent Industry Activity HAECO ITM Enters into Agreement with Philippine Airlines ST Aerospace Signs MOU with Vietnam Airlines to Set Up a Joint Venture KLM UK Engineering Signs Line Maintenance Contract with SAS SIA Engineering Signs Service Agreement with SilkAir for Boeing 737 MAX Aircraft Royal Jordanian Airlines Signs Service Contract with Spairliners Ameco Signs Business Jet Maintenance Agreement with Sino Jet Jet Aviation to Acquire Hawker Pacific Air France Industries KLM Engineering & Maintenance Signs Agreement with Boeing SIA Engineering Signs IFEC Maintenance Agreement with Thales Day & Zimmermann Acquires M2 Services Corporation AAR Signs Repair, Overhaul License, and Parts Supply Agreements with Honeywell Duncan Aviation Acquires Capital MRO Repair Services MTU Maintenance Signs Maintenance Contract with Tunisair Technics GE Aviation Opens Support Centre in Dubai KLM UK Engineering Signs Contract with BA CityFlyer AFI KLM E&M Enters into Support Contract with Air Corsica SR Technics Adds Basel to its Service Line PAG Signs MRO Service Agreement with Honeywell Aerospace Asiana Airlines Signs Five-Year Contract with Lufthansa Technik KLM UK Engineering Signs Airframe Maintenance Contract with Braathens Regional AAR Wins Indefinite-Delivery/Indefinite-Quantity Contract from NAVAIR AAR and Indamer Aviation Jointly Ventures for MRO Facility SIA Engineering Signs Joint Venture Agreement with GE Aviation SR Technics Extends the Engine Maintenance Partnership with Ural Airlines Etihad Airways Engineering Wins Maintenance Contracts from Kenya Airways AAR Signs Component Repair Contract with Utair Airinmar Partners with Azul to Enhance Supply Chain Management KLM UK Engineering Signs Line Maintenance Agreement with Finnair AirAsia X and AFI KLM E&M Extends A330 Component Support Contract KLM UK Engineering Signs Airframe Maintenance Contract with West Atlantic UK Lufthansa Technik and MTU Aero Engines Jointly Ventures for MRO Korea Aerospace Industries to Establish MRO Firm Air Arabia Signs Full Engine Support Contract with AFI KLM E&M AFI KLM E&M and Kuwait Airways Signs GE90 Engine Support Contract SIA Engineering and AIESL Enters into Collaboration for MRO Services AAR Signs Five-Year MRO Contract with Air Canada AAR Signs 10-year MRO Contract for Air Canada's Embraer E-190 Fleet MTU Maintenance and Air Burkina Signs Three-Year Maintenance Contract Kellstrom Aerospace Group Acquires Vortex Aviation AAR Signs Component Support Agreement with Wataniya Airways AFI KLM E&M and Rolls-Royce Enters into Trent XWB Engine MRO Agreement Safran Aircraft Engines and AFI KLM E&M Introduces Joint Venture Airfoils Advanced Solutions GMF AeroAsia and AFI KLM E&M Extends the MRO Partnership Airbus and THAI to Evaluate New MRO Facility AFI KLM E&M and Beijing General Aviation Forms Joint Venture for Aircraft Maintenance SR Technics Signs Maintenance Agreements with easyJet Aviation Technical Services Acquires Texas Pneumatics Systems HNA Aviation to Acquire Majority Stake in SR Technics 5. GLOBAL MARKET PERSPECTIVE 6. REGIONAL MARKET PERSPECTIVE 7. COMPANY PROFILES Total Companies Profiled: 76 (including Divisions/Subsidiaries - 89)

  • The United States (28)
  • Canada (4)
  • Europe (26)
    • France (6)
    • Germany (4)
    • The United Kingdom (8)
    • Rest of Europe (8)
  • Asia-Pacific (Excluding Japan) (21)
  • Middle East (4)
  • Latin America (3)
  • Africa (3)

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