Aircraft Maintenance, Repair And Overhaul (MRO) market has fluctuated in recent years. Currently, the aviation industry has indicated signs of recovery with considerable growing demand forecast over the next decade in certain regions. In this piece, ANTHONY AWUNOR writes on the challenges, potentials and way forward for MRO market in Africa.
In Africa, aircraft Maintenance, Repair And Overhaul (MRO) Market has been estimated to worth over US$2.4 billion and it is still growing on daily bases. Unfortunately, this goldmine has remained untapped over the years in most parts of Africa.
Aircraft MRO is an essential requirement to ensure that aircraft are maintained in pre-determined conditions of airworthiness to safely transport passengers and cargo. The commercial aircraft MRO market is influenced by external factors in the wider air transport industry including global fleet size, aircraft utilisation and increasing and decreasing air traffic volumes for both passengers and cargo.
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