This week we're heading to Aviation Week's MRO Americas 2022 - Accelerate! show in Dallas to talk about how smarter distribution models can help MROs overcome aviation supply disruptions.
Aviation was one of the industries hit hardest by the worldwide COVID pandemic. More than half of the world's aircraft fleets were stored, or flew less often in the past year. As a result, aircraft maintenance, repair, and overhaul (MRO) spending was 31% less in 2021 than it was in 2019. Global aviation analysts at OliverWyman predict that MRO demand will return to pre-pandemic levels by 2023, but they also say it's unlikely to achieve pre-COVID growth rates for decades to come.