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Aircraft MRO market to grow 3.8 percent annually in near term

from AINonline

An increase in the number of airline passengers will also cause prominent growth in the business and general aviation sectors, and subsequently the MROs that service all of these aircraft, from 2017 to 2022, according to Esticast Research and Consulting. Its research showed that the global MRO market will increase at a compound annual growth rate of 3.8 percent over the five-year period. more

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