Aircraft Maintenance, Repair & Overhaul in Canada
The Aircraft Maintenance, Repair and Overhaul (MRO) industry in Canada has grown over the past five years, taking off in stride amid positive macroeconomic factors. The increasingly interconnected network of air traffic globally and domestically has facilitated stable demand for industry services. Over the five years to 2023, the industry is expected to continue its gradual ascent. The positive economic conditions that characterized the current period are projected to persist, catalyzing continued demand for industry services. Plus, the forecast recovery of corporate profit is expected to boost demand from the previously faltering business market.
This industry services, repairs, overhauls and maintains aircraft (except on a factory basis), while also providing ancillary support services for air transportation operations including inspections and testing, among other activities. This does not include providing janitorial and cleaning services for airlines or providing food catering services for airlines.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.