Industry Analysis & Industry Trends
The main markets for the Aircraft Repair, Maintenance and Overhaul industry are commercial airlines and the armed forces. However, the airline market is more important to the industry because it generates an estimated 68.1% of revenue. The industry has expanded over the past five years. Increasing passenger travel supported the recovery of revenue growth by propelling demand for maintenance, repair and overhaul (MRO) services. The average age of the aircraft fleets operated by commercial airlines also increased due to several airlines delaying or reducing new orders following the financial crisis. This positively influenced demand, because older aircraft typically require more MRO services... purchase to read more
Industry Report - Industry Locations Chapter
The South East region has the highest concentration of industry establishments with approximately 18.4% of industry establishments operating in the region. The South East is home to Gatwick airport and there are many companies servicing the airlines with hubs at the airport.
East of England
The East of England is the second most concentrated region and is home to about 17.6% of establishments. Marshall of Cambridge Aerospace has its base in Cambridge, which is in this region.
The South West region has the third highest concentration of industry establishments, with approximately 15.5% of establishments located in the region. Maj.. purchase to read more