Aircraft Repair, Maintenance & Overhaul in the UK - Industry Market Research Report

Aircraft Repair, Maintenance & Overhaul in the UK - Industry Market Research Report

Aircraft Repair, Maintenance & Overhaul in the UK

Revenue is forecast to contract at a compound annual rate of 3.8% over the five years through 2023-24, to £5.3 billion. Unprecedented lockdown restrictions imposed by the government to combat the COVID-19 pandemic decimated the aviation industry, significantly reducing demand for aircraft maintenance, repair and overhaul (MRO) services. As such, revenue plummeted over the two years through 2020-21, contributing to the overall nosedive of revenue for the period.

Companies in this industry repair, maintain and overhaul aircraft, aircraft engines and other components.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares."