Aero aftermarket services

One of the more dynamic arenas in the aerospace industry across 2017 will be aftermarket services; and where Tier 1 suppliers will be looking to gain additional profits. The Tier 1’s will continue to take additional control - by signing long-term maintenance contracts or Pay-By-The-Hour agreements with airlines. The move does not come without resistance from the rest of the market, as they will be jostling with traditional MROs to operate in this space. (Source: MRO Network 01/04/17)