North America, Boeing Dominate Western Hemisphere MRO Forecast
Although North America commands nearly 80% of the Western Hemisphere’s MRO demand, Latin America is expected to grow at a faster rate of 3.7% CAGR compared with North America’s 1.7% CAGR.
Credit: Boeing/Marian Lockhart
Aviation Week’s 2025 Commercial Aviation Fleet & MRO Forecast projects that North and Latin American commercial MRO demand over the next 10 years will account for nearly 27% of the worldwide commercial MRO demand. The Latin American commercial MRO market is projected to grow more than 38%, while...
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