aircraft repair companies

Aircraft Repair Companies - An airplane is a big investment. Therefore, to get the maximum return on this long-term investment, it must be evaluated throughout its life, starting with the initial purchase.

The evaluation process includes review, inspection, replacement, defect removal, modification, compliance with airworthiness directives, and repair. Companies that provide these services are known as MRO companies. MRO provides continuous support to military, commercial and regional aviation operators. An Airworthiness Assessment Certificate (ARC) is then issued by the authority based on the recommendation report of the MRO company.

Aircraft Repair Companies

According to Aviation Week, the global MRO market is expected to reach $82.5 billion by the end of 2020. In the forecast year, North America, Western Europe, and Asia-Pacific will account for most of the demand for MRO services.

Aircraft Maintenance, Repair, And Refurbishment

In November 2018, Hong Kong Aircraft Engineering Company Limited (HAECO) became a subsidiary of Swire Pacific, with revenues of HKD 84.6 billion (approximately US$10 billion) in the 2018 fiscal year. The company performs aviation maintenance, cabin reconfiguration and structural work. Modifications and nondestructive testing are conducted through 27 hangars located in six locations in Hong Kong, mainland China, and the United States.

ST Engineering's aerospace division operates globally, with offices and service facilities in the US, Asia Pacific and Europe. The company provides a wide range of aviation services including aircraft, parts and engine MRO, aviation materials, asset management services and aircraft. This includes in-house solutions, technical business and aircraft leasing services. In the 2018 financial year, the company's revenue was 6.7 billion US dollars.

Founded in October 1994 as a subsidiary of Deutsche Lufthansa AG, Lufthansa Technik AG is the parent company of the engineering business segment of Deutsche Lufthansa AG and the global Lufthansa Technik Group, which comprises a total of 57 companies. Lufthansa Technik reported a 10% increase in sales to 5.92 billion euros (about 6.5 billion US dollars) in fiscal 2018. Europe, including the Middle East and Africa, remains the most important market in terms of sales.

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Repair & Overhaul Services, Aircraft Parts, Capabilities

Air France-KLM's position as MRO market leader. Supported by the MRO Lab innovation program, the company's success has focused on strategic areas of the MRO industry, from technician mobility and customer experience to the Internet of Things, big data, predictive maintenance and artificial intelligence. Total revenue for FY18 was €4.34 billion. Aircraft maintenance is the third activity of the Air France-KLM group, with third-party revenues of €1.9 billion.

AAR CORP's Aviation Services segment provides aftermarket support and services to the commercial, government and defense aviation markets and accounted for approximately 95% of fiscal 2018 and 2017 sales. management, distribution, maintenance, repair and overhaul (“MRO”) services, and engineering services.

SIA Engineering Company Limited will continue its efforts to innovate and introduce technology to complement the Group's initiatives. The Group made a net profit of USD 160.9 million in the 2018-19 financial year, which is USD 25.9 million or 13.9% less than last year. In the 18/19 financial year, the group's overall revenue was $1,020.9 million. The Group posted a net profit of USD 49.3 million in the fourth quarter of 2018-19, which is USD 6.9 million or 12.3% less than the same period last year.

Delta TechOps is confident that it will become a major provider of two new generation engines, the Rolls-Royce Trent 1000 and the Pratt & Whitney PW1000G geared turbofan. The company has 51 maintenance stations worldwide and maintains the more than 900 aircraft that make up the Delta Air Lines fleet. Delta TechOps provides comprehensive services including aircraft engine, auxiliary power unit (APU), components, avionics, aircraft and line maintenance.

Chicago Rockford International Airport Aircraft Maintenance Repair And Overhaul Facility Wins Acec Il Honor Award

SR Technics is a leading airline MRO provider backed by over 80 years of operational experience. Based at Zurich Airport, the company employs more than 3,000 people worldwide and provides maintenance, repair and overhaul services for aircraft, engines and components. The company operates a network of railway stations in Europe and logistics centers in London-Heathrow, Zurich, Geneva, Malta, Abu Dhabi, Singapore and Kuala Lumpur.

As part of the Turkish Airlines group of companies, Turk Tech is the region's leading maintenance center providing technical services for aircraft, engines, APUs and components for a wide range of airlines in Europe, the Middle East, Asia, the CIS and North Africa. . With a highly qualified and well-trained workforce of over 5,500 people at its base in Istanbul. According to the 18-19 financial year report, the company's income is 600 million US dollars.

MRO Holdings Inc. operates Flightstar in Jacksonville, Florida; Aeroman North in El Salvador and two of the largest MRO stations in Latin America. The company also secured capacity rights for TechOps Mexico (a joint venture between Delta Airlines and Aeromexico). MRO Holdings is a comprehensive supplier focused on aviation maintenance, modification, conversion and technical solutions. The company's revenue for the twelve months ended December 2018 was 416 million US dollars.

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Commercial Aircraft Mro Market Size, Share

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