Author: jamiegoodisson4

After 5 years of unimpeded growth, COVID 19 hit the entire MRO sector hard, with turnover falling 60% from 82 billion dollars in 2019 to 32 billion in 2020. Despite the crisis, demand for maintenance has remained steady. Several developments seemingly count against the sector: the number of aircrafts in use has fallen, the average age of fleets has dropped, and decommissioned aircraft parts are being recycled. However, regulations and standards remain very strict, which has a positive impact on the aviation maintenance market. The same applies to the cargo business, which saw its turnover increase by 14.9% in 2020 ... Read more