Military aircraft engine repair sector growing

THE global maintenance, repair, and overhaul (MRO) industry for military aircraft engines is growing at a steady pace, driven by regional trends and complex components that demand higher costs of parts per MRO activity, according to market consultancy firm Frost & Sullivan.

“Regional tensions in Asia-Pacific due to territorial issues, primarily with China, and interest in new aircraft to counter a Chinese aircraft expansion strategy are further factors augmenting growth,” Frost & Sullivan said in a research paper released late Thursday.