According to a study conducted by research firm AeroStrategy, the aviation maintenance industry in the U.S. employs 274,634 people and annually “the industry’s direct and indirect impact on the U.S. economy is $39 billion.” The study is based on information culled from government data last year.
With its recent certification as a Venezuelan repair station, Boca Raton-based Reliable Jet Center is adding another maintenance facility in South Florida.
Larry Shiembob, general manager of Timken’s Aerospace Aftermarket Solutions in Mesa, Ariz., told AIN the company is enhancing its overhaul and repair operations by adding 100 new replacement parts to its portfolio of FAA-approved parts and assemblies. “We are sharpening our focus on engine overhaul and repair, and we expect customers to benefit from that emphasis,” he said.
Borescopes R Us Sees Strong Start
Pewaukee, Wis.-based VJS Lincoln, a division of VJS Construction Services that specializes in aviation development and construction, recently completed construction on a new maintenance, repair and overhaul facility for Hawker Beechcraft. The 80,000-sq-ft facility is located at Indianapolis International Airport and features a maintenance hangar, shop and part storage area and administrative office.
“Global MRO Market Economic Assessment,” a study commissioned by the Aeronautical Repair Station Association (ARSA) and conducted by AeroStrategy, has yielded insight about the breadth of the aviation maintenance (MRO) industry and its impact on the U.S. economy.
A number of business jets–more than 3,000 by some estimates–are sitting idle on the ramp as their owners wait for the economy to improve. According to Rich Schuller, founder of Schuller Aerospace Services International of Scottsdale, Ariz., there could be trouble brewing for those owners.
Bell Boeing has just received a new contract to add to its existing support contract for the V-22 Ospreys operated by the U.S. Marine Corps and Air Force Special Operations Command. The initial Phase I $581 million, five-year integrated logistics support contract was awarded this January.
In a report titled Aircraft Maintenance, Repair And Overhaul (MRO): A Global Market Report, Global Industry Analysts provides a comprehensive review of the MRO industry and quantifies potential in key markets such as heavy airframe maintenance, modifications, component maintenance, engine overhaul and
A report issued by Global Industry Analysts predicts the worldwide maintenance, repair and overhaul (MRO) market will reach $55.2 billion by 2015. The recently released report, “Aircraft Maintenance, Repair And Overhaul: A Global Market Report,” suggests the world market for heavy aircraft maintenance is poised to grow at a steady pace through 2015, with engine overhauls expected to expand most rapidly in the Asia-Pacific region.