Understanding Aviation Maintenance Repair and Overhaul
The aviation industry is growing at a substantial rate, which certainly is good news for stakeholders, from passengers and airport sponsors to institutional investors and aviation service providers. Of course, the industry runs on services in many different segments, and one of the major services provided is MRO, or Maintenance, Repair, and Overhaul. In this post, we will describe the kind of work that these service providers offer with regards to aviation maintenance, repair and overhaul management, and why this sector matters for operational success. The need for MRO services Regardless of the location, facilities and other services offered at an airport, the aviation industry depends on one major aspect – operational aircraft. Aviation maintenance, repair and overhaul management is all about aircraft servicing and management. Commercial airlines and private operators prefer to delegate maintenance tasks to specialized companies offering aviation maintenance. These companies have the necessary operational expertise and experience and also have a great depth of capabilities through their training, tooling and authorizations. These services are critical as projecting and managing maintenance schedules will determine whether aircraft will be operational and available to meet their mission requirements. With today’s increasing demand, MRO service providers are pertinent, necessary, and extremely relevant to keep aircraft and their passengers moving on schedule. What do MRO management services offer? As MRO service providers grow, the need for professional management increases as well. In most cases, maintenance and repair work is dependent upon a number of different requirements and regulations, and the nature of contracts with end users varies considerably. Owners and operators are focused on cost control, quality, and minimizing the downtime of their assets. They also seek to source more services from single source providers, e.g. MOR companies with a breadth of capabilities and authorizations which allows for more services to be provided during a single maintenance event. Demand for aviation MRO services is driven by mandatory maintenance, which occur on fixed flight hour, time-based or activity based intervals. The combination of an aging fleet coupled with increasing utilization underpins the increasing demand forecast for the next 5-10 years. The need for aviation maintenance, repair and overhaul management will continue to increase, and as aircraft utilization continues to grow the need for such services will become more prominent in years to come. Consequently, it is important to choose a company that has the necessary experience and expertise for your particular maintenance requirements to meet your mission profile and keep your aircraft and passengers moving.