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 rapid growth and an unprecedented backlog due to significant increases in commercial and general aviation fleets and flight hours.
MRO Insider, a new aviation app, aims to resolve this issue by creating a "two-sided marketplace" that connects aircraft owners/operators with a broad network of maintenance providers.
The platform increases transparency and competition, allowing smaller MRO shops to gain visibility and providing customers with more options, potentially reducing aircraft downtime.
Having built a large network of AOG maintenance teams, MRO Insider plans to expand its services to include fuel, hangar, and supplemental lift, operating on a "no pay to play" model.
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.
