Industry Economic Data
Living in the safest period in the history of US civil aviation, every traveler should understand the qualitative value of aviation maintenance and its impact on their lives. However, ARSA continually seeks to fully illustrate the broad impact of the industry on the economies, communities, and peoples of the world. To that end, the association is constantly engaged in quantitative studies that investigate the true global impact of MRO operations.
Our most-recent research determined that global air transport MRO (for jets and turboprops) is expected to be $57.7B in 2014. Considering expected expansion in both passenger traffic (which is expected to increase by 5% per year for the foreseeable future) and the size of international fleets, the aviation maintenance industry is forecast to grow by a healthy 4.2% over the next decade. By 2024, the industry’s global economic impact will rise to $86.8B.
Here in the U.S., over 4,000 MRO firms employing 244,000 men and women generate $44.4B in economic activity across all 50 states. More than 84% of these American repair stations have fewer than 50 employees. That’s 3,300 small businesses working in our communities every day as a part of this larger industry.
Explore the reports below for a more in-depth look into this research and to investigate MRO economic activity in your state:
Industry economic research
2014 Global MRO Market Economic Assessment by TeamSAI, a report on the aviation maintenance industry’s 2014 global economic footprint and projections for sustained growth until 2024.
U.S. state by state overview of 2014 industry economic impact, a study on the aviation maintenance industry’s state-by-state economic and employment impact.
2013 Global MRO market Economic Assessment, a report on the aviation maintenance industry’s 2013 global economic footprint.
Bilateral Aviation Safety Agreements: Reducing costs for the aviation industry, A survey detailing the economic benefits of BASAs for repair stations.
Partnership with TeamSAI
In order to continue providing the highest-quality analysis of global economic data and insight into developing trends, ARSA has partnered with TeamSAI.
TeamSAI is an aviation and business innovation consulting firm founded in 1990 specializing in strategic, tactical and operational management solutions. Their top-flight analytical services and comprehensive reports will help to shine light on the true value of global MRO for years to come.
To learn more, visit TeamSAI.com.