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Aircraft repair market in the United Kingdom to grow 2.5% CAGR between 2014-19

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Aircraft Repair, Maintenance & Overhaul in the UK - Industry Market Research Report - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-04-18 10:45:05
The main markets for the Aircraft Repair, Maintenance and Overhaul industry are commercial airlines and the military. However, the airline market is more important to the industry, because it generates an estimated 68.0% of revenue. The industry is highly globalised and UK firms serve clients from around the world. Similarly, UK airlines and UK military can have their aircraft maintained and repaired overseas.

The industry has faced difficult conditions over the past five years, mainly due to fluctuating demand from airlines. The global air travel industry was severely affected by the recession.

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