Top Aircraft MRO Companies

Global Aircraft MRO Market size was valued at USD 100.32 Billion in 2024 and is poised to grow from USD 105.23 Billion in 2025 to USD 154.29 Billion by 2033, growing at a CAGR of 4.9% during the forecast period (2026–2033).

The aircraft MRO market is fiercely competitive, with major players like GE Aviation, Lufthansa Technik, and Rolls-Royce investing in digital twin, AI, and robotics technologies to increase turnaround time. Companies like ST Engineering and AFI KLM E&M are forming joint ventures in high-growth regions like Asia-Pacific. Strategic priorities include predictive analytics, mobile MRO solutions, and sustainability to deliver faster, more economical, and eco-friendly maintenance services. 'GE Aviation', 'Lufthansa Technik', 'Rolls-Royce', 'C&L Aviation Group', 'Honeywell Aerospace', 'Pratt & Whitney', 'Safran Aircraft Engines', 'ST Engineering Aerospace', 'AAR Corp', 'AFI KLM E&M', 'MTU Aero Engines', 'Delta TechOps', 'Turkish Technic'

MRO services are becoming more and more necessary as the world's air fleets age in order to maintain safety and compliance. Due to the significant capital costs, airlines are choosing to prolong the life of their current aircraft rather than purchasing new ones. This increases the need for avionics upgrades, structural repairs, and engine overhauls, especially for mid-generation aircraft in the commercial and defense sectors.

Embrace Predictive and Condition-Based Maintenance: Sensors, big data, and AI enable predictive maintenance to mitigate unplanned downtime and enhance fleet reliability. Today’s MRO suppliers rely on aircraft data in real time to optimize scheduling and resource utilization. With mid-generation aircraft, the unprecedented use of predictive methodologies geared toward lifecycle cost reduction and enhanced durability of components is evident.

How is North America Leading the Shift Toward Predictive Maintenance in Aircraft MRO?