Latin America Aircraft MRO Market Share

Market Share of Latin America Aircraft MRO Industry

The Latin American aircraft MRO market is semi-consolidated. Key players include RTX Corporation, Aeroman (MRO Holdings), Rostec, General Electric Company, and Lufthansa Technik AG. 

The rise of LCCs and smaller general aviation operators in the region is driving a trend where aircraft maintenance is increasingly outsourced to independent third-party providers. Consequently, MRO providers are strategically expanding in the region to serve end-users better. 

Since a significant portion of maintenance in Latin America revolves around aircraft checks, diversifying services to include components such as brakes and batteries, which can be swiftly repaired, alongside offering engine modification and maintenance, presents an avenue for attracting new clientele. Furthermore, embracing cutting-edge technologies like AI and predictive analytics can significantly boost the operational efficiency of MRO providers, translating to enhanced revenue growth during the forecast period.

Latin America Aircraft MRO Market Leaders

1. General Electric Company

2. Lufthansa Technik AG

3. RTX Corporation

4. Aeroman (MRO Holdings)

5. Rostec

*Disclaimer: Major Players sorted in no particular order