MRO providers consider international recruitment and implement more flexible workforce schedules as they face pressure from the growing technician shortage.
Solving the industry’s problem requires applying all available resources—from industry, government and aviation education—to draw new talent to the field.
People want to fly with a vengeance, but there are few new aircraft and the old ones need more MRO, creating a positive outlook for M&A in the aftermarket.
Used parts market activity is steadily increasing as more older aircraft and engines are sold and parted out for their used serviceable material (USM).
AAR Corp. is seeing continued robust demand for airframe maintenance while activity in used material is picking up, company President and CEO John Holmes said.