MRO South Asia’s Post

At MRO Australasia this year, I had the great pleasure of speaking and moderating a panel on learnings from airline start-ups and Australasia’s technological advancements in the MRO sector.   A broad mix of attendees from MROs, suppliers, airlines, Defence, regulator and academia attended the conference in Brisbane. One thing is clear - the sector is back: We are expecting 4.7% future CAGR in 2024-2025 (outgrowing global demand) for the APAC in-service commercial aircraft fleet. Asia at large (including India and China) is expected to generate one-third of the MRO demand – equivalent to $470bn in MRO demand. Asia Pacific MRO demand is nearly $240bn with approximately 43,000 MRO events expected to occur during this period. Workforce retention, labour and skills gaps were discussed on almost every panel at the conference. There was broad agreement regarding the importance of raising awareness of different types of careers in the aviation industry, creating flexible options to motivate and retain employees. But also new technologies like drones should excite a more diverse set of people for the MRO sector who might not have landed in aviation otherwise.   Stay tuned for more in-depth insights mid next week.   #Innovation #Aviation #MRO 🛫 Oliver Wyman Asia Pacific

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An exclusive insight into the outputs from Aviation Week's 2025 Fleet & MRO Forecast. Updating you on critical market trends including shop visit forecasts, utilization and fleet deliveries. Aviation Week Network - Brian Kough Learn more >> https://utm.io/uhK3y #AviationWeekNetwork #AWN #Aviation #AvWeekEvents

Kenneth Stroger, Vice President on our Marine & Aviation team, recently spoke at IUAI Members' Conference 2024 in Montreal. This conference brings together global industry experts and touches upon relevant topics and challenges the aerospace industry faces. As chair of the Airlines Study Group, Ken introduced the session and discussed airline safety and how it has improved in recent years. He noted that 2023 was a record setting year when looking at airline safety metrics. His key takeaway- insurers cannot be complacent as there are a host of issues and challenges facing them that can't be ignored.  #aviation #IUAI #aerospace #reinsurance

Ready for MRO Middle East 2024? If you are enthusiastic about the latest aviation industry trends, join me (representing Satair) at booth #1030 for a chat on how we are integrating the newest industry trends into our operations! Looking forward to the chats! #Satair #MROMiddleEast2024 #AvWeekEvents Jack Schwartz

According to reports by ICRA, #India’s air passenger traffic 🛫 is projected to surge 📈 by 8-11% YoY, surpassing 407 million passengers in the current financial year FY25. In response to this growth, airlines in India 🇮🇳 are expanding their fleets and an exceptional #passengerexperience is a game changer. At #Thales, we are proud to be part of this growing aviation story in India by working with airlines, airport operators, and other stakeholders to provide world-class experiences to passengers with greater operational efficiency👍.   Thales is proud to partner with Air India Limited to transform the inflight passenger experience with AVANT Up. Read more here: https://lnkd.in/g2aaey8n Thales Aerospace #ThalesinIndia #ThalesIFEC #Aerospace #Aviationindustry #AVANTUp

Aerofoils Market Set to Soar: Projected to Reach $1.38 Billion by 2029 The Aerofoils market is experiencing a significant growth trajectory, with projections indicating it will reach an impressive $1.38 billion by 2029, driven by a robust compound annual growth rate (CAGR) of 5.2% during the forecast period. This growth is propelled by the increasing adoption of digital transformation in the aviation industry. Sample Report Link :https://lnkd.in/dJZDWjYk Market Overview The aviation industry has embraced digitalization in recent years, seeking to enhance manufacturing processes and service offerings. As a highly competitive sector, aviation companies are leveraging digital change to gain a competitive edge. Aerofoils, essential components in both military and commercial aircraft, are central to this evolution, driving revenue generation and operational efficiency. The United States stands out due to its advanced technological capabilities in aircraft manufacturing. Regional Insights The global Aerofoils Market is regionally segmented into Asia Pacific, North America, Europe, South America, and the Middle East & Africa. Among these, the Asia Pacific and North American regions have shown substantial growth in recent years. This trend is expected to continue, driven by the expanding aviation and defense sectors. The Asia Pacific region, in particular, is anticipated to maintain its growth momentum, contributing significantly to revenue growth and increased demand in the Aviation market. Aerofoils Market, Key players are: • PCC Airfoils, Inc • Jarvis Airfoil, Inc • Airfoil Technologies • Xi'an Airfoil Technology • Safran #Aerofoils #AviationIndustry #MarketGrowth #Milei #Exciting #Travis #DigitalTransformation #AerofoilsMarket #AviationTechnology #DefenseSector #AutomotiveIndustry

Must read of manufacturing....! Airbus is set to significantly expand its component sourcing from India, a growing hub for aerospace manufacturing. #CEO Guillaume Faury, during a press briefing in #NewDelhi, announced plans to double sourcing every five years, highlighting the country’s vast potential. Having already doubled its sourcing to €1 #billion from 2019 to 2024, Airbus collaborates with over 100 Indian suppliers. For the first time, equipment sourcing from India for #aircraft and helicopters has surpassed IT services, marking a notable shift. With a backlog of 8,600 aircraft orders, including over 1,000 from IndiGo (InterGlobe Aviation Ltd) and Air India Limited, Faury noted that India remains the fastest-growing civil aviation market globally. The visit of a high-level #GIFAS delegation further strengthens ties between the #aerospace sectors of both countries. #aircraft #IndiGoIndiGoIndiGo #AirIndia #IndiGoIndiGoIndiGo #GIFAS #aerospace For more updates stay tuned with Machine Maker