The COVID-19 pandemic was not kind to all sectors of aviation travel, but with vaccines rolling out around the world the industry is bouncing back with parked aircraft around the world returning to the skies.
On the frontlines of making sure all these aircraft are fit to fly is the global MRO industry. MRO stands for maintenance, repair and overhaul – is integral to aircraft’s safety and efficiency.
“The vaccine rollout, although taking place at various speeds in different countries, gives hope for a return to normalcy, and airlines are preparing to return grounded aircraft back to service – and to bring passengers back onboard,” wrote Melissa Moody in May in Aviation Business News. “One essential cog in the metaphorical machine bringing these aircraft back into service are the MRO providers making sure every part is fit for service.”
The MRO global market is projected for double digit growth through 2025 by a TechSci Research report released last summer.
The report forecast MRO growth at 10 percent annually through 2025 with a total market of $113 billion.
MRO market growth, according to the report, is being driven by:
MRO encompasses a broad umbrella of businesses that specialize in performing maintenance, repairs and/or overhauls on aircraft and their components such as flight control, landing gear and jet engines.
There are many different types of suppliers in the MRO industry. Aviation Business News, for example, in its MRO Management publication breaks down the industry between:
AirlinesBasics.com breaks down the MRO industry along four types of suppliers:
Also keep in mind that MROs can be operated by large commercial airlines, regional airlines, corporate aviation operators and military facilities.
Crucial to the integrity and safety of the MRO industry is certification which allows operators to perform maintenance and repair tasks and supply qualified parts.
In European Aviation Safety Administration (EASA) countries, MROs must be in accordance with EASA Part 145 regulations. In the U.S., the Federal Aviation Administration (FAA) has an equivalent Part 145 certification.
In addition, the Aviation Suppliers Association (ASA) has a standard for suppliers of aviation parts, ASA-100, which was created to comply with FAA
Advisory Circular (AC) 00-56 or the Voluntary Industry Distributor Accreditation Program.
The ASA Accreditation Program (ASAAP) is a 36-month audit program based on the ASA-100 standard.
Source One Spares, for example, keeps the following standards, certifications and accreditation:
Source One Spares specializes in "just-in-time" delivery of refurbished flight control, landing gear, nacelle, actuation and other rotable airframe components to commercial aircraft operators around the world.
Contact Source One Spares today to find out how we help airlines lower their costs on spares acquisitions components for Boeing and Airbus aircraft.