Leading market players are investing heavily in research and development to expand their product lines, which will help the Aircraft Airframe MRO market grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. The aircraft airframe MRO industry must offer cost-effective items to expand and survive in a more competitive and rising market climate.
Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the Aircraft Airframe MRO industry to benefit clients and increase the market sector. In recent years, the Aircraft Airframe MRO industry has offered some of the most significant advantages to medicine. Major players in the Aircraft Airframe MRO market, including Airbus Group, Air France KLM Engineering & Maintenance, Air Works, Delta TechOps, HAECO, Honeywell International, GMF AeroAsia, Jet Maintenance Solutions, ST Aerospace, and others, are attempting to increase market demand by investing in research and development operations.
Flydubai, legally Dubai Aviation Corporation, is an Emirati government-owned low-cost airline in Dubai, United Arab Emirates, with its head office and flight operations in Terminal 2 of Dubai International Airport.Flydubaiacquired a multi-year arrangement with Boeing for spares provisioning and Quick Engine Change (QEC) kits to service its all-Boeing fleet. These new contracts will allow flydubai to support more efficient maintenance operations while controlling inventory costs, providing attractive continued business potential for the aircraft interiors and MRO sector in the post-COVID recovery period.
FL Technics is an aircraft maintenance, repair, and overhaul service provider, headquartered in Vilnius, Lithuania. The company has Base Maintenance facilities in Lithuania, Indonesia, and China and provides Line Maintenance support across Europe, Africa, Asia-Pacific, and the CIS states.FL Technics was granted two extensions under the current Part 145 approval. The first expansion of capabilities is to provide line maintenance services for Boeing B787 aircraft, and the second is to provide borescope examinations of Pratt & Whitney PW1100G-JM series engines.
Simultaneously, the FL Technics team will rely on approved borescope inspection services for one of the most popular engines, commonly mounted on the Airbus A320 aircraft.