Monday, November 23, 2015
Report: MRO to Grow 15% in Southeast Asia
Growing government and corporate use of helicopters in Southeast Asia is fueling demand for maintenance, repair and overhaul services in the region, Channel NewsAsia reported. The Singapore-based news outlet said spending on helicopter MRO services is expected to grow by about 15% over the next 10 years (compared to 5%-plus for aviation as a whole). Quoting Sikorsky Aircraft and Bell Helicopter executives, the outlet said increasing demand for helicopters in the oil and gas, law enforcement and disaster relief sectors would be the main factors contributing to the growth.