Aircraft MRO 2024

AIRCRAFT MRO
MAINTENANCE, REPAIR & OVERHAUL
29 - 30 May 2024| Aloft Bangkok Sukhumvit 11, Bangkok, Thailand

EVENT OVERVIEW

MRO operations in the aviation industry are currently worth around USD 85 billion and is expected to hit USD 133.69 billion come 2030. As the world returns to normalcy, there has been a steep surge of flights across the globe and in turn an increased need for MRO services. Rolls Royce made an underlying operating profit of USD 850 million between January and June 2023 for servicing its jet-engines, up from USD 157 million and five folds of their profit from the same period last year.

Air India has agreed to buy 470 planes from manufacturers Airbus and Boeing, in a bid that would be worth tens of billions of dollars and the biggest order of new passenger aircrafts in history, as the airlines bets on the rapid expansion of air travel in Asia. This opens up an abundance of opportunities for the MRO sector in Asia with huge profits up for grabs to whomever seizes it first.

Singapore leads the charge as one of the world's leading and Asia's largest MRO hubs and are already recognised as the “Aerospace City of the Future”. The MRO sector in Singapore, which is currently worth at USD 5 billion, is growing at 5.94% and expected to reach USD 6.72 billion by 2028, accounting for nearly 25% of MRO revenues in Asia. Following Singapore’s success, players from Indonesia, Malaysia, and Thailand are trying to replicate their success of and are developing their MRO capabilities, which is positioning Southeast Asia as a crucial hub for
global aircraft MRO operations.

WHY YOU CANNOT MISS THIS EVENT

• Analyzing the evolving roles of OEMs and MROs in the aviation market
• Evaluating your maintenance planning to maximize profitability and minimize ground time
• Discover how major players are coping with inflation and high costs
• Harnessing new digital technologies to complement and improve aircraft maintenance
• Learn of the strategies being put in place to manage the aircraft parts supply chain market

There are many topics to be focused for this event including Compliance Requirements, Issues and Management in AMO, Adoption of New Technologies in MRO Processes, MRO Contracting Trends and many more. Some presentations of the case studies featuring our members from SME Aerospace, AIROD Aerospace Technology and Asia Digital Engineering (ADE).

Brochure - Aircraft MRO Bangkok.pdf

Attached is the brochure for more detailed information. For more info, kindly reach the organizer at Contact Us | Trueventus