The global narrowbody aircraft market is poised for substantial growth, driving a surge in narrowbody MRO demand. Aviation Week’s 2023 Fleet & Forecast predicts that commercial MRO demand for narrowbody aircraft will represent a value of $485.5 billion for the period of 2023-32.
According to Aviation Week’s data, there are currently around 19,300 narrowbody aircraft in service and approximately 19,083 narrowbody aircraft will be delivered by 2032.
The data shows that 40% of total narrowbody MRO demand will consist of engine maintenance, around $193 billion. Components and line maintenance account for 27% and 22% respectively, while airframe heavy and modifications will see demand around $27.2 billion and $23.8 billion, respectively.
The majority of the narrowbody MRO demand will be primarily driven by the Airbus narrowbodies, representing the value of around $267.9 billion. Following closely behind, Boeing narrowbodies will also contribute significantly to overall narrowbody maintenance.
Additionally, C checks and engine overhauls will comprise the largest share of narrowbody MRO shop visits for the period of 2023-32, according to Aviation Week’s data.
It is forecast that there will be a total of 47,159 shop visits related to C checks and 41,650 shop visits related to engine overhauls. Meanwhile, there will be a demand of 17,096 engine LLP events and 16,403 D checks for the narrowbody aircraft over the next decade.
Source: Aviation Week Intelligence Network Commercial Aviation 2023 Fleet & MRO Forecast
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