Aircraft Line Maintenance Market
Global Aircraft Line Maintenance Market by Aircraft Type (Wide body Aircraft, Narrow body Aircraft, and Regional Jet), by Geography - Forecast To 2021
Global Aircraft Line Maintenance Market by Aircraft Type (Wide body Aircraft, Narrow body Aircraft, and Regional Jet), by Geography - Forecast To 2021
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<strong>Aircraft</strong> <strong>Line</strong> <strong>Maintenance</strong> <strong>Market</strong> Research Report - Forecast to 2021<br />
The expansion of the commercial and military aircraft fleets, which has resulted in the development of a set of aircraft line<br />
maintenance market. The increase focus of OEMs on aircraft line maintenance will lead to an increase in use of commercial<br />
aircraft, due to which there will be growth in aircraft line maintenance market. The expansion of the existing commercial<br />
and military aircraft fleets along with the launch of new airlines, would result in increased aircraft line maintenance the<br />
forthcoming years. Hence, it is expected that the rapid fleet expansion would eventually drive the aircraft line maintenance<br />
market. Moreover, it is expected that the retirement of maintenance-intensive aircraft and the introduction of new<br />
generation aircraft, will lower the man-hours per maintenance visit.<br />
<strong>Aircraft</strong> line maintenance is gaining acceptance as performance-based logistics contracts are gaining popularity in the<br />
aviation field. Airline companies, across the globe, are extensively outsourcing the maintenance and logistics support<br />
contracts of their respective aircraft. This enables faster response to crisis situations and adaptation to the dynamic<br />
technological advances in the industry. Such cut throat competition in the aircraft industry requires massive investments at<br />
a regular basis, thus the high capital investment in the aircraft line maintenance market is expected to act as a hurdle in the<br />
growth of the market.<br />
3<br />
Industry/ Innovation/ Related News:<br />
February, 2018 - SIA Engineering Company Limited (‘SIAEC’) and GE Aviation (‘GE’) announced that it signed a joint venture<br />
agreement to form an engine overhaul joint venture based in Singapore.<br />
December, 2017 – Monarch aircraft engineering limited (MAEL), signed a new base maintenance agreement with La<br />
Compagnie.<br />
December, 2015 – Delta TechOps signed a long-term maintenance contract with Virgin Australia to perform maintenance,<br />
repair and overhaul services for Virgin Australia’s fleet of CFM56-7B engines.<br />
September, 2014 – British Airways line maintenance had won the contract to provide technical handling for Qatar Airways’<br />
787 flights in Edinburgh.<br />
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