C&M: South Korean market for commercial aircraft manufacturing driven by growth in air passenger traffic
Commercial Aircraft Manufacturing Market in South Korea 2014-2018 - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-03-20 15:35:02
South Korea is a potential market for the manufacture of commercial aircraft parts and MRO services. Currently, there is no company in South Korea that completely manufactures commercial aircraft, thus the country relies on the import of commercial aircraft from other countries such as the US and the UK. However, there are some vendors in South Korea that manufacture commercial aircraft parts for Airbus SAS and The Boeing Co.
The Commercial Aircraft Manufacturing market in South Korea is expected to witness high growth in the coming years. The Commercial Aircraft Parts Manufacturing market in South Korea and MRO market in South Korea are expected to reach US$1,541.9 million and US$1,343.6 million, respectively, by 2018. The leading companies in South Korea that manufacture commercial aircraft parts and offer MRO are Korea Aerospace Industries Ltd. (KAI) and Korean Air Lines Co. Ltd.
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