Maintenance and Modifications
MRO Firms Could Lose Out Even as Global Market Grows
Predictive maintenance systems stand to cut MRO aftermarket spending
Mechanics work on a Transavia Boeing 737 in Hangar 4 at Amsterdam’s Schiphol International Airport. (Photo: Flickr: Creative Commons (BY-NC) by dirkjankraan.com)
Mechanics work on a Transavia Boeing 737 in Hangar 4 at Amsterdam’s Schiphol International Airport. (Photo: Flickr: Creative Commons (BY-NC) by dirkjankraan.com)

Disruptive technologies such as predictive analytics and aircraft health monitoring systems could cost existing commercial-aircraft maintenance, repair and overhaul companies 15 to 20 percent of their business by 2020 even as the global MRO market grows by more than $3 billion annually, according to consulting firm Oliver Wyman.