Penton´s Aviation Week Network has issued 2017 fleet & MRO forecasts, with comprehensive projections revealing trends and business opportunities in four sectors: commercial aviation, military, business aviation and helicopter across numerous geographical regions, the company said.
Aviation Week´s 2017 fleet & MRO forecasts assist industry professionals in discovering new business opportunities for MRO services by aircraft model, aircraft type, world region, and more. They also offer insight into fleet retirements and additions, changes to the overall fleet makeup, and insight into how today´s actions and activities will impact the demand for future maintenance services.
The 2017 Fleet & MRO Forecasts are based on unbiased data and predictive intelligence gathered by Aviation Week Network´s data and analytical team that provide forecasts including fleet size projections through 2026 and MRO demand growth rates worldwide, by global region and aircraft type.
Findings within the forecasts include 3.7 percent growth of the Western-built airline fleet with the Asia Pacific region over the next decade. Over the next decade, the business fleet is expected to grow at a rate of 1.6 percent. Helicopters will generate USD76 billion in MRO demand, 40 percent of which is attributable to component MRO. Military aircraft will generate almost USD800 billion in MRO demand over the next decade.
Penton´s Aviation Week Network is a multimedia information and services provider for the global aviation, aerospace and defense industries that has a database of 1.2 million professionals around the world.
Penton is an innovative information services company that empowers nearly 20 million business decision makers in markets that drive more than 12 trillion dollars in purchases each year. Headquartered in New York, Penton is privately owned by MidOcean Partners and Wasserstein & Co., LP. For more information, visit http://www.penton.com or follow us on Twitter @PentonNow.