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Airline Economics

Strong growth in demand for used surplus parts is forecast over the next decade as the maintenance, repair and overhaul (MRO) market grows. Part-outs make up around 80 percent of the supply of used parts with current demand estimated to be approximately $3.5 billion. The used parts market is projected to grow to $6.2 billion by 2023, resulting in an annual growth rate of 5.6 percent

Airline Economics