defense-aerospace.com
all the defense and aerospace news
defense news
aerospace news

2002 MRO Market Valued At $37.8 Bn.(Apr. 11)



DENVER ---SAI, Strand Associates, Inc. has previewed the first five years of a ten-year projection of world commercial jet aircraft maintenance activity at the "Aviation Week -- Air Transport Association MRO Conference" in Phoenix this week. McGraw-Hill Publication's "Overhaul & Maintenance Magazine" will publish the forecast in its May edition.

The forecast, considered a barometer of future core aviation activity, identifies:

--A 2002 MRO (modification, repair & overhaul) market totaling $37.8 billion,
--A $4.4 billion decline driven by the events of 2001,
--Market recovery to 2000-2001 levels by 2004,
--3 -to 6% annual growth varying by region,
--A 2007 work market of between $44.8 billion and $50.8 billion (depending on economic scenario),
--Above-average growth in the Asia-Pacific Region.

SAI teamed with New Haven, Connecticut-based BACK Aviation Solutions to produce "The Annual World MRO Forecast" through their partnership, the International Aviation Alliance. McGraw-Hill is the exclusive publisher of the forecast.

The forecast combines a comprehensive analysis of worldwide regional economic forecasts, airline traffic trends, aircraft retirements and acquisitions, maintenance and modification trends, regulatory requirements and user costs. Regionalized and customized analysis of the forecast is available for purchase from SAI.

SAI is a Denver-based company specializing in strategic and technical aviation operations and financial consulting, engineering support services and retained executive searches.

-ends-


SAI Forecasts $48.7 Billion World Aircraft Maintenance Market By 2007