Andy Nixon hopes MRO Insider will change how airplane owners choose who does their aircraft maintenance. [Courtesy: Andy Nixon]
Key Takeaways:
The global aircraft MRO market is experiencing significant growth and increasing demand, leading to unprecedented backlogs as commercial and general aviation fleets expand.
MRO Insider, a new software solution, addresses this challenge by functioning as a "two-sided marketplace" for aircraft maintenance services.
The platform allows aircraft owners and operators to request maintenance tasks and receive options from a wide network of MRO facilities, including smaller providers, promoting transparency and greater choice.
MRO Insider has rapidly grown to include over 250 provider locations and 2,500 registered aircraft, with future plans to expand services to include fuel, hangar, and supplemental lift.
A recent Brandessence Market Research report published this week said that the global aircraft MRO market was valued at $70.84 billion in 2021 and is expected to reach $97.12 billion by 2028.
The same study estimates that by 2027 the commercial fleet could grow to more than 35,000 aircraft—an increase of 33 percent compared to the fleet size a decade earlier (2017).
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Michael Wildes holds a master’s degree in Logistics & Supply Chain Management, and a bachelor’s degree in Aeronautical Science, both from Embry-Riddle Aeronautical University. Previously, he worked at the university’s flight department as a Flight Check Airman, Assistant Training Manager, and Quality Assurance Mentor. He holds MEI, CFI & CFII ratings. Follow Michael on Twitter @Captainwildes.