In its first Global Services Forecast, the European airframer believes that the world commercial aviation aftermarket services market will be worth US$3 trillion over the next two decades. The bulk of that – $1.8 trillion – will be accounted for by MRO services, growing from $53 billion in 2015 to $132 billion by 2035, at an average of 4.6% annually.
The demand for training will also be huge, with an anticipated 562,200 pilots and 540,500 technicians required to operate and maintain the world’s growing airline fleets.
Airbus has created a business unit, Services by Airbus, to address customers’ needs in the aftermarket arena, based on four pillars – maintenance, training, upgrades and flight operations. Its subsidiary Satair Group will handle the MRO materials sector, providing spare parts to both airlines and MRO operators, while its Flight Hour and Total Support Package services will provide availability and maintenance “by the hour” solutions.
Its upgrade services group will retrofit aircraft with aerodynamic enhancements such as the company’s Sharklets wingtip devices, avionics and cabin revamps.
Its training operation is expanding steadily, said Laurent Martinez, SVP of services for Airbus, at the Farnborough Airshow, with recent or imminent openings in Jakarta, New Delhi and São Paulo.
Its flight operations pillar will be based around its new NAVBLUE subsidiary, following Airbus’s acquisition of Navtech, which produces devices including electronic flight bags and aeronautical charts.