MRO Asia 2011 - Global MRO Forecast
By: Mike McBride
Posted: November 9, 2011
Mike McBride, Executive Vice Principal & Principal, TeamSAI, Inc., presented TeamSAI's 2011-2021 Global MRO Forecast at Aviation Week's MRO Asia Conference in Beijing, China.
The presentation, titled "A Delicate Recovery," examines the critical juncture at which the MRO industry currently finds itself. The market conditions remain tenuous as the economy looks toward recovery. The presentation placed special emphasis on issues relevant to that region and their role in the future growth of the MRO industry. Asia's MRO market (including China and India) is expected to reach parity with that of the Americas and Europe by 2021. With some of the fastest growing regions, this is no surprise, but it does create the need to prepare for that growth.