The market outlook for MRO services in 2015 is bright and should see increased demand. Single-aisle jets with CFM56 and V2500 powerplants should help fuel growth.

Analysts tracking the commercial aircraft turbine engine MRO market see a growth period for the industry from 2014 through 2023, although at a percentage rate in the low-to-mid-single digits. According to data generated by Aviation Week analysts, the global value of the engine MRO market for 2014 is estimated at $20.3 billion, based on the in-service engine fleet of 63,000 for that year—including 3,952 new deliveries. Some aviation industry analysts project slightly higher numbers for the same period.

As airlines continue to watch engine expenses, MROs are being asked by their customers to design customized approaches to service and provide material solutions. The conversation is forcing MRO vendors to search for answers outside their facilities.“A decade ago, the focus of engine maintenance contracts was on supporting the customer—at the time of the shop visit,” says Kristin Kenny, director of Pay Per Hour Programs for Pratt & Whitney Canada. “Now, contracts must be structured to take into account a complete understanding of the customer's operation.”