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The Asia Pacific Aircraft MRO Market is Currently Gaining Attention with Rising Demands from the Airlines as Well as the Airports.

DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c46228) has announced the addition of "Asia Pacific Aircraft MRO Market - Investment Analysis and Growth Opportunities" to their offering.

This research service from Aerospace financial services group highlights growth sectors of notable interest and also provides a comprehensive financial analysis of the leading Asia Pacific aircraft MRO firms. It also presents a broad outline of the current Asia Pacific aircraft MRO market, highlighting the investment themes and the major market and financial trends with an emphasis on three growth segments, namely, business and regional jets, commercial aircraft and helicopters.

This Frost & Sullivan research service entitled Asia Pacific Aircraft MRO (Maintenance, Repair and Overhaul) Market - Investment Analysis and Growth Opportunities provides geographical analysis, growth monitor, private equity, joint venture and venture capital activity. In this research, Frost & Sullivan's expert analysts thoroughly examine the following markets: Business & Regional jets, Commercial Aircraft (sub-segments include line maintenance, heavy maintenance, engine maintenance and components) and Helicopter segments.

Market Sectors

Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:

* Business & Regional Jets

* Commercial Aircraft

* Line Maintenance

* Heavy Maintenance

* Engine Maintenance

* Components

* Helicopters

Market Overview

The Asia Pacific aircraft MRO market is currently gaining attention with rising demands from the airlines as well as the airports. To remain competitive, participants in the industry are required to manage their fixed costs as well as invest substantially in research and development, thus, increasing costs on this front and inviting more capital investments. The market is currently growing at a fast pace after its initial setback post September 11, 2001 terrorist attacks in the United States, the 2003 Asian SARS crisis, and the Avian Bird Flu. It is yet to reach a situation of over capacity, with demand currently exceeding supply. In addition, the outsourcing trend, which has made some of the US legacy carriers shut down their MRO facilities and outsource MRO work in Asia, is bringing in new implications to the market. The growth of the low fare carriers is driving MRO activity in India, Singapore and Australia. Independent MRO shops are expected to be the major beneficiaries, since the low cost carriers typically outsource their MRO work unlike larger carriers that prefer to keep MRO work in-house. This is one among the many trends shaping the sustainability of the Asia Pacific aircraft MRO market.

Low cost carriers are capturing a greater share of the Asia Pacific market, one of the fastest growing. The absolute growth in the region is a separate trend, and the companies benefiting here are just the MRO firms that are well positioned to capitalize the growth in the Asia Pacific region. Independent MRO shops are expected to be the major beneficiaries, since the low cost carriers typically outsource their MRO work unlike larger carriers that prefer to keep MRO work in-house. Several low fare airlines in India including Air Deccan, Spice Jet, Go Airlines, Indigo and the others, outsource all of their MRO requirements. Other companies that look to benefit from this trend are the foreign OEM like Boeing, United technologies and the others engaged in joint ventures with local companies supporting the local companies with the needed expertise and technology base. Also, small start-up MRO companies are likely to receive huge foreign investment.

Essentially, all the above factors are set to drive the growth in this deep cyclical industry and increase the sustainability of the Asia Pacific aircraft MRO market. The increase in air traffic growth in Asia is one major factor, which positively impacts the aircraft MRO market that it directly boosts the optimum utilization of aircraft and increases the revenue per miles. An aging jet fleet along with new orders for aircraft made mostly from the same region enhances the potential of MRO and proves that the Asia Pacific aircraft MRO market is positioned to grow and sustain its profitability for the next five years (2006-2010).

Companies Mentioned:

* Air Deccan

* Spice Jet

* Go Airlines

* Indigo

* Boeing

For more information visit http://www.researchandmarkets.com/reports/c46228
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Publication:Business Wire
Date:Nov 30, 2006
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