As airlines recover from the latest economic downturn, the maintenance, repair, and overhaul (MRO) industry is slowly starting to show signs of a pending uptick. Many airline customers are forecasting growth later in the year, which is good news for MRO service providers. However, a new competitive arena is developing, and providers will need to rethink their service offerings if they are to compete with market-leading “Mega-MROs”.
These providers have already started to differentiate themselves with more sophisticated and complex product offerings. MROs will also need to develop stronger commercial organizations to support the next-level evolution of complex offerings. Next-generation technologies, large-scale financing, and purchasing leverage create competitive advantage and support MROs’ battle against OEMs’ continued protection of intellectual property and aftermarket services.
