Corporate Blog

The digital road to cost optimization for airline Maintenance, Repair, and Overhaul (MRO)

The digital road to cost optimization for airline Maintenance, Repair, and Overhaul (MRO)
Amidst the "global reset" in the aviation industry, cost optimization is a recurring hot topic. Yet, many areas have been overlooked where innovation and digitalization can make a difference. A good example of this is the Maintenance, Repair, and Overhaul (MRO) sector, which is in the right position to become a mainstream target for transformation. The global spending on MRO was about US$50 billion in 2020 and is projected to become US$68 billion in 2021 and US$97 billion in 2022, eventually reaching US$115 billion in 2030 with an average forecasted yearly growth of 1.7%. While there have been...
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