Maintenance, repair, and overhaul, otherwise known as MRO, is the hallmark of aftermarket service, particularly for aviation and aerospace industries. They’re a growing industry, but recently MROs are finding themselves lagging to meet even faster-growing demands from their clients.
In recent years, manufacturers have been in what seems like a race to create the newest and most innovative aircraft possible. With the newest generation B787, A350, A320neo, and B737 MAX being introduced on the market, MROs are constantly having to play catch-up in order to stay in business. Especially considering that airliners and other such companies are not simply replacing their entire fleet with new B737 MAXs, but just adding new high-tech aircraft to their pre-existing fleet, creating a mixed bag for MROs to work with. As a result, MRO engineers and mechanics have to be trained and kept-up-to-date with the newest technologies and certified, which is not only difficult but expensive. MROs are also facing challenges in the form of clients who now expect the same high standard of quality and low prices for even more diversified services as they want MROs to not only work on the new technologies but improve and modify older aircraft to match.
Further challenges come in the form of large manufacturers and competing MROs. In recent years, OEMs like Boeing and Airbus have been securing the aftermarket with long-term exclusive agreements with restricted third-party MRO support, making it harder to smaller MROs to succeed. Larger international MROs are also presenting a challenge as they have and continue to gain the upper hand in securing clients with their connections and reputation. With the aerospace and aviation industries being as small and narrow as it is, there’s a lot of competition for maintenance business. For a smaller MRO to stay in business, they’d have to somehow maintain high-profit margins while offering better and faster services at lower prices than their competitors.
While this is difficult, it won’t be impossible. Especially not with services like ours here at ASAP AOG, an ASAP Semiconductor owned and operated the site, available. ASAP AOG is the premier supplier of aircraft parts both current and obsolete, so you can trust that we can get you the parts you need for your maintenance and repair services. For a quote or for more information, call us at +1714-705-4780 or email us at email@example.com.