Widebody Aircraft MRO Business Research Report 2024: Global Market to Reach $31.1 Billion by 2030 - Expansion of MRO Facilities in Strategic Locations Propels Market Dynamics [Yahoo! Finan...
AIRBUS SE UNSP/ADR (EADSY)
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Source: Yahoo! Finance
Dublin, Oct. 03, 2024 (GLOBE NEWSWIRE) -- The "Widebody Aircraft MRO - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The global market for Widebody Aircraft MRO is estimated at US$24.3 Billion in 2023 and is projected to reach US$31.1 Billion by 2030, growing at a CAGR of 3.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The growth in the widebody aircraft MRO market is driven by several factors. Firstly, the increasing global demand for air travel, especially on long-haul routes, is leading to a rise in the number of widebody aircraft in service, which in turn drives the demand for MRO services. Secondly, the aging of existing widebody fleets necessitates more frequent and comprehensive maintenance to ensure continued safety and efficiency. Thirdly, regulatory requirements mandating rigorous and regular maintenance
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