"As the third-largest and fastest growing aviation market in the world, having only less than 2% of MRO business globally is an irony," say Dr S Vasudevan, partner and global sector lead for airports at KPMG. He estimates that only about 10% of India's commercial aircraft fleet is serviced by Indian MRO companies.
Still, demand for MRO in India is high, and only set to grow: India's airlines operate some 614 aircraft, and have nearly 700 more aircraft on order, according to Cirium's Fleets Analyzer.
Read Flight Global's Alfred Chua's analysis in full >>
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Still, demand for MRO in India is high, and only set to grow: India's airlines operate some 614 aircraft, and have nearly 700 more aircraft on order, according to Cirium's Fleets Analyzer.
Read Flight Global's Alfred Chua's analysis in full >>
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