Demand for Engine Maintenance, Repair and Overhaul Soars with Growth in Air Traffic in the...

DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c46310) has announced the addition of "Middle Eastern Airframe and Engine MRO Markets" to their offering.

This Frost & Sullivan research service titled Middle Eastern Airframe and Engine MRO Markets

provides an overview of the key characteristics that shape the Middle Eastern MRO market, along with a complete analysis of the key market drivers, restraints, and trends that affect Middle Eastern and international MRO suppliers. In this research service, Frost & Sullivans' expert analysts thoroughly examine the following sectors: airframe line and heavy maintenance, engine overhaul, component repair and overhaul and modifications.

Air travel is booming in the Middle East because of the increasing popularity of Middle Eastern airports as hubs for connecting flights. As a result, all companies participating in the air transport industry are experiencing a windfall. There is a corresponding rise in demand for maintenance, repair and overhaul (MRO) services in the Middle East, higher than the expected demand in any other region. MRO suppliers' revenue-generation opportunities are primarily expected to stem from the line maintenance market and subsequently, across all airframe and engine MRO market segments, says the analyst of this research service.

To cash in on these opportunities, regional MRO suppliers are restructuring their operations. They are working on building the capacities and capabilities required to service Middle East's future aircraft fleet. Many airline-affiliated MRO suppliers are waking up to the benefits of commercialisation and privatisation, in order to reduce their dependence on a single carrier. Suppliers need to develop detailed business plans regarding the required investments and assess all future market opportunities and risks.

Ambitious Fleet Renewal and Expansion Programs Enhance Prospects of MRO Service Providers

Middle Eastern carriers are thriving in the aerospace market and are implementing ambitious fleet renewal and expansion programs. This growth is backed by substantial cash reserves, air transport liberalisation efforts and highly effective business strategies focusing on long-haul connecting air traffic. Consequently, demand for MRO services in the region is set to double in the next six years. Overseas MRO suppliers have identified Middle East's potential and are considering market entry through partnerships, joint ventures and subsidiaries. Another clever and attractive option is the acquisition of former state-owned and airline-affiliated MRO suppliers, which will provide the entrants an initial captive business.

Maintenance outsourcing will become widespread, influenced by the proliferation of low-cost carriers and the privatisation of former airline-affiliated Middle Eastern MROs, notes the analyst. Middle Eastern and international MRO suppliers should assess the markets potential and identify the needs of airlines, being fully aware that any investment in infrastructure will have a lead time of one to two years. Once suppliers estimate the costs of the proposed investments, they can integrate these costs into the business proposal for new facilities and capabilities.

Companies mentioned:

- Alsalam Aircraft

- Bedek Aviation Group

- Gulf Aircraft Maintenance

- Jordan Aircraft Maintenance

- Jordan Airmotive

- Mideast Aircraft Services

- Tier 2 MROs

For more information visit http://www.researchandmarkets.com/reports/c46310

Source: Frost & Sullivan