Aviation MRO

New engines cost $20-25M as maintenance value and $8M+ shop visits reshape lessor strategy.

Boeing forecasts the global airplane fleet will near 50,000 aircraft by 2045 as travel demand doubles.

Navy awards a Massachusetts firm a $56M contract for propeller inspection and repair through 2031.

New FAA data shows aviation mechanic certifications rising, but a workforce shortfall still looms by 2030.

Huntsville International Airport breaks ground on West Aviation, a new MRO and aerospace development in North Alabama.

Oliver Wyman chart: military aircraft sustainment demand by region, 2017 to 2036.

Chart: who ordered Boeing and Airbus jets in 2025, including U.S. airlines, cargo and military buyers.

Heartwood Partners makes a growth investment in Miami aviation MRO platform The Xtreme Group.

GA Telesis opens a used serviceable material processing center in Port St. Lucie, Florida.

Europe's engine maintenance market is projected to reach $180 billion in demand through 2035, Aviation Week data shows.

Boeing forecasts the global freighter fleet will grow to nearly 3,900 aircraft by 2043 as air cargo traffic doubles.

AAR Corp completes a 100,000-square-foot Miami MRO expansion adding 200 jobs and three heavy maintenance lines.

FAA orders de-pairing of Rolls-Royce Trent engines after oil pump failures found on 154 US-registered aircraft.

Citadel Aviation to acquire Savannah, GA-based Mach 1, adding Gulfstream AOG and maintenance capability.

Oliver Wyman projects global MRO spending nearing 193 billion dollars by 2036, led by engine maintenance.

Boeing and American Airlines complete the first 737 MAX landing gear exchange under Boeing's exchange program.

Stroud, Oklahoma-based Mint Turbines earns Pratt & Whitney Canada overhaul authorization for PT6A and PT6T engines.

GE Aerospace and Delta TechOps use lean methods to speed Atlanta CF6 overhauls.

FAA proposes new inspection mandate for Pratt & Whitney PW1500G/1900G engines.

North America is forecast to capture 20 percent of the global engine MRO market over the next decade.