Market Share of Middle East And Africa Aircraft Engine MRO Industry
The aircraft engine MRO market in the Middle East and Africa is fragmented. Some of the prominent players in the market are Safran, General Electric Company, Lufthansa Technik AG (Lufthansa Group), CFM International (Safran Aircraft Engines and General Electric Company), and Joramco (Dubai Aerospace Enterprise). OEMs control a major share of the aircraft engine MRO market in the Middle East and Africa, with the other half roughly split between independent and airline overhaul shops. For new powerplant generations specifically, operators frequently outsource engine maintenance and use full MRO-support programs. Hence, most expansion projects in the regions are partnerships of airlines or third-party providers with engine OEMs. Also, several global MRO service providers are entering the Middle-East and African markets through contracts, joint ventures, or collaborations, which is expected to transform the market into a more competitive one in the coming years.
MEA Aircraft Engine MRO Market Leaders
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General Electric Company
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Lufthansa Technik AG (Lufthansa Group)
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Safran
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Joramco
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CFM International
*Disclaimer: Major Players sorted in no particular order
