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Latin American MRO Projected To Grow Fast Through 2034
Engine maintenance is forecast to capture 52% of Latin America’s commercial MRO demand over next decade.
Commercial MRO demand in Latin America over the next decade will account for just 6% of the global total; however, its commercial MRO growth rate of 31% over this period will be the fourth fastest of all global regions, behind Western Europe (35%), the Middle East (60%) and India (141%).
The 2025 Aviation Week Network Commercial Aviation Fleet & MRO Forecast projects how the world’s aircraft fleet and aftermarket will evolve over the next 10 years. The commercial jet fleet in Latin America is expected to grow to more than 3,100 aircraft in 2034 from just more than 2,400 in 2025. This will translate directly to an increase in MRO demand.
The forecast projects that the region’s MRO demand will be dominated by Airbus aircraft, at 53%, with Boeing and Embraer accounting for 36% and 7%, respectively. The Airbus A320 and Boeing 737 families are expected to account for the largest portion of the market.
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