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MRO Labor Projections For The Americas Based On Fleet Renewal
Daily/weekly and transit checks will account for a majority of total MRO labor expenditures in the Americas over the next decade.
Commercial MRO labor expenditures in North America and Latin America are projected to surpass $46.8 billion based on more than 87,000 service events through 2033, according to Aviation Week’s 2024 Commercial Aviation Fleet & MRO Forecast.
The forecast also projects that the commercial aircraft fleet in the Americas will grow to at least 14,300 active aircraft in 2033 from just over 11,700 in 2024, which is a 22% increase in the fleet.
This fleet expansion translates to a rise in MRO expenditures during the same period. Due to new aircraft entering the market and not needing major C or D checks, daily/weekly and transit checks required are expected to account for more than 68% of total MRO labor expenditures in the Americas.
The forecast projects that Boeing aircraft will account for the majority of MRO labor maintenance expenditures in the region, capturing 44% of the total, followed by Airbus aircraft at 40% and Embraer aircraft at 4%.
