Forbes: New Online Marketplace Tool Reduce Spares And Maintenance Spend

Data from Oliver Wyman’s Annual Maintenance, Repair and Overhaul (MRO) report was cited in a Forbes story about a new online tool to help airlines and maintenance facilities share information on aircraft components and parts available.

A report by Oliver Wyman predicts that the total MRO spend for the airline industry will rise to $116 billion by 2029, up from $81.9 billion in 2019, with a 3.5% annual average growth rate in the MRO market.

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