Market Share of North America Aircraft Engine MRO Industry
The North America aircraft engine MRO market is semi-consolidated with various market players attempting to gain significant market share through product differentiation. Some of the major market players include Delta Airlines, Inc., Rolls-Royce Plc., RTX Corporation, MTU Aero Engines AG, and Honeywell International Inc., amongst others.
Generally, the airlines and MRO service providers sign long-term contracts to provide engine MRO services. This allows the companies to increase their customer base in the region, making it difficult for new entrants to capture new opportunities in the market. Moreover, in the current scenario, various airlines and MRO providers plan to upgrade their facilities to increase their service offerings. Therefore, such programs will help the MRO providers improve their services and support the companies in further capturing new market opportunities in the North American Region.
North America Aircraft Engine MRO Market Leaders
Delta Airlines, Inc.
Rolls-Royce Plc.
MTU Aero Engines AG
Honeywell International Inc.
RTX Corporation
*Disclaimer: Major Players sorted in no particular order
