MRO Asia-Pacific takeaways
After summarizing the impressions from the recent MRO Asia event in Singapore, here are our key takeaways:
First, component demand is constantly growing based on air traffic recovery in 2022 and second, operators remain cautious in entering long term agreements for component support.
As a result, we see a growing demand for Used Serviceable Material (USM) over the past months. This observation is in-line with market research sources which suggest that the USM market will grow @ 4%+ CAGR reaching more than $9bn by 2027.
We at STRADE are ready to support customers world-wide with a wide range of USM products covering exchanges, lease/loan and sales.
Get in touch with us and learn more about USM and our products – we are pleased to schedule a meeting during the upcoming MRO Europe.
See you in London!