Matthew Fulco is Business Editor for Aviation Week, focusing on commercial aerospace and defense. He previously worked as a journalist in Taiwan for eight years, covering semiconductor supply chains, defense and geopolitics. Prior to that he was based in Shanghai for five years covering the technology and hospitality sectors. He is proficient in Mandarin Chinese and French. Matthew holds a Master of International Affairs from the School of International and Public Affairs at Columbia University and a BA in History from Kenyon College.
Global MRO spending will rise from $112 billion in 2023 to $139 billion by 2033, growing 2.2% annually, according to a new report by Alton Aviation Consultancy.