Maintenance, Repair, and Operation (MRO) plays an important role in the airline industry. MRO has become one of the major expenditure by the airline company as international aviation authorities across the globe has made MRO mandatory. One of the biggest driving factors in the air transport MRO market is increasing focus on cost reduction through proper maintenance. However, OEMs are also focusing on aftermarket services which is proving to be successful, thus hampering independent MRO companies, especially small businesses.

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An engine is expected to account for nearly half of the revenue share by 2017 end. Engine is projected to reach close to US$ 42,800 million revenue towards the end of 2026. Engine being an important part of the aircraft, maintenance, periodic checking, and repairing of engine is done on the large scale. Hence, engine is responsible for majority of MRO market’s value. Moreover, there has been an increase in the number of joint ventures between OEM and MRO along with the focus on the next-generation engine. Also as the aircraft gets older, more value is transferred to its engine, hence more focus is given to the maintenance and repair of aircraft engine.