For more information on this report please contact ediz.ibrahim@visiongain.com (+44 (0) 2075499976) or refer to our website http://www.visiongain.com/Report/1123/The-Commercial-Aircraft-Modernisation-Upgrade-Retrofit-Market-2013-2023

1. The Commercial Aircraft
Modernisation, Upgrade & Retrofit
Market 2013-2023
©notice
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2. Contents
1. Executive Summary
1.1 World Commercial Aircraft Modernisation, Upgrade & Retrofit Market Overview
1.2 Benefits of This Report
1.3 Who is This Report For?
1.4 Methodology
1.5 World Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023
1.6 World Commercial Aircraft Modernisation, Upgrade & Retrofit Submarket Forecasts 2013-2023
1.7 World Commercial Aircraft Modernisation, Upgrade & Retrofit Regional Market Forecasts 2013-2023
2. Introduction to the World Commercial Aircraft Modernisation,
Upgrade & Retrofit Market
2.1 World Commercial Aircraft Modernisation, Upgrade & Retrofit Market Structure Overview
2.2 World Commercial Aircraft Modernisation, Upgrade & Retrofit Market Definition
2.3 An Insight into Some of the Main Factors which will Affect the Commercial Aircraft Modernisation, Upgrade &
Retrofit Market
2.4 Interesting Developments to Look Out for
3. World Commercial Aircraft Modernisation, Upgrade & Retrofit
Market Forecast 2013-2023
3.1 World Commercial Aircraft Modernisation, Upgrade & Retrofit Market
3.2 Drivers & Restraints in the World Commercial Aircraft Modernisation, Upgrade & Retrofit Market
4. World Commercial Aircraft Modernisation, Upgrade & Retrofit
Submarket Forecasts 2013-2023
4.1 World Commercial Aircraft Modernisation, Upgrade & Retrofit Submarket Overview 2013-2023
4.2 World Commercial Aircraft Modernisation, Upgrade & Retrofit Avionics Submarket
4.2.1 Aircraft will need to Comply with New Flying Regulations making it Inevitable that Spending will occur in the
Avionics Submarket
4.3 World Commercial Aircraft Modernisation, Upgrade & Retrofit Cabin Interiors and IFE Submarket Forecast
4.3.1 It is all about Improving the Passenger Experience for the Cabin Interiors Submarket
4.4 World Commercial Aircraft Modernisation, Upgrade & Retrofit Airframe Submarket Forecast
4.4.1 Narrow Body Conversions will be Crucial to the Fortunes of the Airframe Submarket
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3. Contents
5. World Commercial Aircraft Modernisation, Upgrade & Retrofit
Regional Markets Forecast 2013-2023
5.1 World Commercial Aircraft Modernisation, Upgrade & Retrofit Regional Markets Share Forecast 2013-2023
5.2 North American Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023
5.2.1 North American Commercial Aircraft Modernisation, Upgrade & Retrofit Market Drivers & Restraints
5.2.2 Fleet Renewals in North America make for Bad Reading but there are still Countless Opportunities for MRO
Providers
5.3 European Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023
5.3.1 European Commercial Aircraft Modernisation, Upgrade & Retrofit Market Drivers & Restraints
5.3.2 Frequent Maintenance Checks by Many Airlines mean that it’s not All Bad News
5.4 Asia Pacific Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023
5.4.1 Asia Pacific Commercial Aircraft Modernisation Market Drivers & Restraints
5.4.2 Can the Asian Market Handle all the Demand for Modernisation, Upgrade & Retrofit Programmes?
5.5 Middle Eastern Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023
5.5.1 Middle Eastern Commercial Aircraft Modernisation, Upgrade & Retrofit Market Drivers & Restraints
5.5.2 Why there are Encouraging signs in the Middle Eastern Market
5.6 South American Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023
5.6.1 South American Commercial Aircraft Modernisation, Upgrade & Retrofit Market Drivers & Restraints
5.6.2 South America has Enormous Potential as a Market but Regulation is Still a Problem
5.7 African Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast2013-2023
5.7.1 African Commercial Aircraft Modernisation, Upgrade & Retrofit Market Drivers & Restraints
5.7.2 Longer Term Growth Prospects in the African Region are Good
6. SWOT Analysis of the World Commercial Aircraft Modernisation,
Upgrade & Retrofit Market 2013-2023
6.1Strengths
6.1.1 New Aircraft, New Opportunities
6.1.2 Fleet Standardisation Counts
6.1.3 Business Traveller Numbers will Grow
6.1.4 Rising Fuel Prices Drive Demand for Lightweight Aircraft
6.2 Weaknesses
6.2.1It’s all about the Economy!
6.2.2 Early Retirements won’t be Good for Anyone
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4. Contents
6.3 Opportunities
6.3.1 Restructuring of Business Models
6.3.2 New Regulations, New Opportunities
6.4 Threats
6.4.1 Competition from OEMs will make it Difficult for Small Independent Providers
6.4.2 Out of Service Downtime
6.4.3 Fleet Upgrades Don’t make for Good News
7. Expert Opinion
7.1 Peter Murton -TAECO (part of HAECO)
7.2 HAECO’s Recent Involvement in Commercial Aircraft Modernisation, Upgrade & Retrofit
7.3 Technological Developments to Look Out For
7.4 Key Trends and Developments within the Commercial Aircraft Modernisation, Upgrade & Retrofit
7.5 Where does HAECO See Growth?
8. Leading Companies in the World Commercial Aircraft Modernisation,
Upgrade & Retrofit Market
8.1 AAR Overview
8.1.1 AAR – One of the Largest Independent MRO providers in North America
8.2 Ameco Beijing Overview
8.2.1 China’s Largest Aviation Maintenance Supplier is Ameco Beijing
8.3 Astronics Corporation Overview
8.3.1 Astronics Corporation acquires PECO Inc.
8.4 Aviation Partners Boeing Overview
8.4.1 Aviation Partners Boeing and the Winglet
8.5 Israel Aerospace Industries (IAI) Overview
8.5.1 Why IAI/Bedek Aviation Group is one of the Leading Companies in the Airframe Submarket
8.6 Diehl Aerosystems Overview
8.6.1 First Tier Supplier Diehl Aerosystems to offer Comprehensive Retrofit Solutions for Aircraft
8.7 EMTEQ Overview
8.7.1 EMTEQ – A Specialist in Avionics and Cabin Interiors
8.8 FACC AG Overview
8.8.1 FACC AG – From Structural Components to Cabin Interiors
8.9 Fokker Technologies Overview
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5. Contents
8.9.1 A New Governance Structure for Fokker Technologies
8.10 HAECO Overview
8.10.1 HAECO Expands, Sees Strong Demand for Cabin Modifications
8.11 Lufthansa Technik Overview
8.11.1 Lufthansa Technik Analysis
8.11.2 Structural Changes Planned at Lufthansa Technik
8.12 Sabena technics Overview
8.12.1 An Analysis of Sabena technics
8.13 SIAEC Overview
8.13.1 SIAEC – The Dominant MRO Provider in Singapore
8.14 ST Aerospace Overview
8.14.1 ST Aerospace Adds New Hangar Space to Meet Growing Demand
8.15 Thales Group Overview
8.15.1 Thales Group Continues to Play a Leading Role in IFEC Technologies
8.16 TIMCO Aerosystems Overview
8.16.1 TIMCO Aerosystems – Growing into the Cabin Interiors Submarket
8.17 Universal Avionics Systems Corporation Overview
8.17.1 Leading Avionics Retrofit Provider Universal Avionics Systems Corporation
8.18 Yokohama Rubber Company (YRC) Overview
8.18.1 An Analysis of Yokohama Rubber Company (YRC)
8.19 Zodiac Aerospace Overview
8.19.1 A Good Year for Zodiac Aerospace, the Company plans to Restructure its Cabin Interiors Segment
8.20 Other Notable Companies in the World Commercial Aircraft Modernisation, Upgrade & Retrofit Market
8.20.1 AmSafe
8.20.2 Global AirWorks
8.20.3 Honeywell
8.20.4 L-3 Communications
8.20.5 Moog Inc.
8.20.6 PGA Electronic
8.20.7 Regent Aerospace
8.20.8 Rockwell Collins
9. Conclusions
9.1 World Commercial Aircraft Modernisation, Upgrade & Retrofit Market Outlook
9.2 World Commercial Aircraft Modernisation, Upgrade & Retrofit Market Drivers & Restraints
9.3 World Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023
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6. Contents
9.4 World Commercial Aircraft Modernisation, Upgrade & Retrofit Submarket Forecasts 2013-2023
9.5 Regional Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecasts 2013-2023
10. Glossary
____
List of Tables
Table 1.1 World Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast Summary 2013, 2018,
2023 ($bn, CAGR %)
Table 1.2 World Commercial Aircraft Modernisation, Upgrade & Retrofit Submarket Forecasts Summary 2013,
2018, 2023 ($bn, CAGR %)
Table 1.3 World Commercial Aircraft Modernisation, Upgrade & Retrofit Regional Market Forecasts Summary 2013,
2018, 2023 ($bn, CAGR %)
Table 3.1 World Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023 ($bn, AGR %,
CAGR%, Cumulative)
Table 3.2 World Commercial Aircraft Modernisation, Upgrade & Retrofit Market Drivers & Restraints
Table 4.1 World Commercial Aircraft Modernisation, Upgrade & Retrofit Submarket Forecasts 2013-2023 ($bn, AGR
%)
Table 4.2 World Commercial Aircraft Modernisation, Upgrade & Retrofit Avionics Submarket Forecast 2013-2023
($bn, AGR %, CAGR%)
Table 4.3 World Commercial Aircraft Modernisation, Upgrade & Retrofit Cabin Interiors and IFE Submarket Forecast
2013-2023 ($bn, AGR %, CAGR%)
Table 4.4 World Commercial Aircraft Modernisation, Upgrade & Retrofit Airframe Submarket Forecast 2013-2023
($bn, AGR %, CAGR%)
Table 5.1 World Commercial Aircraft Modernisation, Upgrade & Retrofit Regional Markets Forecast 2013-2023
($bn, AGR %)
Table 5.2 North American Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023
($bn, AGR %, CAGR%)
Table 5.3 North American Commercial Aircraft Modernisation, Upgrade & Retrofit Market Drivers & Restraints
Table 5.4 North American Commercial Aircraft Modernisation, Upgrade & Retrofit Market Major
Contracts/Programmes (Company, Date, Details)
Table 5.5 European Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023 ($bn, AGR
%, CAGR%)
Table 5.6 European Commercial Aircraft Modernisation, Upgrade & Retrofit Market Drivers & Restraints
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7. Contents
Table 5.7 European Commercial Aircraft Modernisation, Upgrade & Retrofit Market Major Contracts/Programmes
(Company, Date, Details)
Table 5.8 Asia Pacific Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023 ($bn,
AGR %, CAGR%)
Table 5.9 Asia Pacific Commercial Aircraft Modernisation, Upgrade & Retrofit Market Drivers & Restraints
Table 5.10 Asia Pacific Commercial Aircraft Modernisation, Upgrade & Retrofit Market Major
Contracts/Programmes (Company, Date, Details)
Table 5.11 Middle Eastern Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023
($bn, AGR %, CAGR%)
Table 5.12 Middle East Commercial Aircraft Modernisation, Upgrade & Retrofit Market Drivers & Restraints
Table 5.13 Middle Eastern Commercial Aircraft Modernisation, Upgrade & Retrofit Market Major
Contracts/Programmes (Company, Date, Details)
Table 5.14 South American Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023
($bn, AGR %, CAGR%)
Table 5.15 South American Commercial Aircraft Modernisation, Upgrade & Retrofit Market Drivers & Restraints
Table 5.16 South American Commercial Aircraft Modernisation, Upgrade & Retrofit Market Major
Contracts/Programmes (Company, Date, Details)
Table 5.17 African Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023 ($bn, AGR
%, CAGR%)
Table 5.18 African Commercial Aircraft Modernisation, Upgrade & Retrofit Market Drivers & Restraints
Table 5.19 African Commercial Aircraft Modernisation, Upgrade & Retrofit Market Major Contracts/Programmes
(Company, Date, Details)
Table 6.1 SWOT Analysis of the World Commercial Aircraft Modernisation, Upgrade & Retrofit Market 2013-2023
Table 8.1 AAR Overview 2012 (Total Revenue, Revenue from MRO Segment, HQ, Ticker, Contact, Website)
Table 8.2 AAR Products / Services (Product, Specification)
Table 8.3 Ameco Beijing Overview 2012 (HQ, Website)
Table 8.4 Ameco Beijing Products / Services (Product, Specification)
Table 8.5 Astronics Corporation Overview 2012 (Total company sales, % Revenue From Commercial Transport, HQ,
Ticker, Contact, Website)
Table 8.6 Astronics Corporation Products / Services (Product, Specification)
Table 8.7 Aviation Partners Boeing Overview 2012 (HQ, Ticker, Website)
Table 8.8 Aviation Partners Boeing Products / Services (Product, Specification)
Table 8.9 IAI Overview 2012 (Total Sales, HQ, Ticker, Website)
Table 8.10 IAI Products / Services (Division, Product)
Table 8.11 Diehl Aerosystems Overview 2012 (Total Revenue, Revenue from Market, HQ, Ticker, Contact, Website)
Table 8.12 Diehl Aeroystems Products / Services (Product, Specification)
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8. Contents
Table 8.13 EMTEQ Overview 2012 (HQ, Website)
Table 8.14 EMTEQ Products / Services (Division, Product, Specification)
Table 8.15 FACC AG Overview 2012 (HQ, Website)
Table 8.16 FACC AG Products / Services (Division, Product)
Table 8.17 Fokker Technologies Overview 2012 (Total Revenue, HQ, Ticker, Contact, Website)
Table 8.18 Fokker Technologies Products / Services (Division, Product, Specification)
Table 8.19 HAECO Overview 2012 (HQ, Ticker, Website)
Table 8.20 HAECO Products / Services (Product, Specification)
Table 8.21 Lufthansa Technik Overview 2012 (Total Revenue, HQ, Ticker, Contact, Website)
Table 8.22 Lufthansa Technik Products / Services (Product, Specification)
Table 8.23 Sabena technics Overview 2012 (Total Revenue, HQ, Website)
Table 8.24 Sabena technics Products / Services (Product, Specification)
Table 8.25 SIAEC Overview 2012 (Total Revenue, HQ, Ticker, Contact, Website)
Table 8.26 SIAEC Products / Services (Product, Specification)
Table 8.27 ST Aerospace Overview 2012 (Total Revenue, HQ, Ticker, Contact, Website)
Table 8.28 ST Aerospace Products / Services (Product, Specification)
Table 8.29 ST Aerospace Subsidiaries and Services for Modifications and Upgrades
Table 8.30 Thales Group Overview 2012 (Total Revenue, Revenue from Market, % Revenue From Market, Global
Market Share %, HQ, Ticker, Contact, Website)
Table 8.31 Thales Group Products / Services (Division, Product, Specification)
Table 8.32 TIMCO Aerosystems Overview 2012 (HQ, Website)
Table 8.33 TIMCO Aerosystems Products / Services (Product, Specification)
Table 8.34 Universal Avionics Systems Corporation Overview 2012 (HQ, Contact, Website)
Table 8.35 Universal Avionics Systems Corporation Products
Table 8.36 YRC Overview 2012 (Total Revenue, Revenue from Other Products, HQ, Website)
Table 8.37 YRC Products / Services (Division, Product)
Table 8.38 Zodiac Aerospace Overview 2012 (Total Revenue, HQ, Ticker, Website)
Table 8.39 Zodiac Aerospace Products / Services (Product, Specification)
Table 8.40 Other Leading Companies in the Market 2013 (Company, Product /service)
Table 9.1 World Commercial Aircraft Modernisation, Upgrade & Retrofit Market Drivers & Restraints
Table 9.2 World Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast Summary 2013, 2018,
2023 ($bn, CAGR %)
Table 9.3 World Commercial Aircraft Modernisation, Upgrade & Retrofit Submarket Forecasts Summary 2013,
2018, 2023 ($bn, CAGR %)
Table 9.4 Regional Commercial Aircraft Modernisation, Upgrade & Retrofit Regional Market Forecasts Summary
2013, 2018, 2023 ($bn, CAGR %)
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9. Contents
List of Figures
Figure 2.1 World Commercial Aircraft Modernisation, Upgrade & Retrofit Market Structure Overview
Figure 3.1 World Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023 ($bn, AGR%)
Figure 4.1 World Commercial Aircraft Modernisation, Upgrade & Retrofit Submarket Share Forecasts 2013-2023
($bn)
Figure 4.2 World Commercial Aircraft Modernisation, Upgrade & Retrofit Submarkets Share Forecast 2013 (%)
Figure 4.3 World Commercial Aircraft Modernisation, Upgrade & Retrofit Submarkets Share Forecast 2018 (%)
Figure 4.4 World Commercial Aircraft Modernisation, Upgrade & Retrofit Submarkets Share Forecast 2023 (%)
Figure 4.5 World Commercial Aircraft Modernisation, Upgrade & Retrofit Avionics Submarket Forecast 2013-2023
($bn, AGR%)
Figure 4.6 World Commercial Aircraft Modernisation, Upgrade & Retrofit Submarket Avionics Share Forecast 2013,
2018 and 2023 (% Share)
Figure 4.7 World Commercial Aircraft Modernisation, Upgrade & Retrofit Cabin Interiors And IFE Submarket
Forecast 2013-2023 ($bn, AGR%)
Figure 4.8 World Commercial Aircraft Modernisation, Upgrade & Retrofit Cabin Interiors and IFE Submarket Share
Forecast 2013, 2018 and 2023 (% Share)
Figure 4.9 World Commercial Aircraft Modernisation, Upgrade & Retrofit Airframe Submarket Forecast 2013-2023
($bn, AGR%)
Figure 4.10 World Commercial Aircraft Modernisation, Upgrade & Retrofit Airframe Submarket Share Forecast
2013, 2018 and 2023 (% Share)
Figure 5.1 World Commercial Aircraft Modernisation, Upgrade & Retrofit Regional Markets Forecast Share 20132023 ($bn)
Figure 5.2 World Commercial Aircraft Modernisation, Upgrade & Retrofit Regional Markets Share Forecast 2013
(%)
Figure 5.3 World Commercial Aircraft Modernisation, Upgrade & Retrofit Regional Markets Share Forecast 2018
(%)
Figure 5.4 World Commercial Aircraft Modernisation, Upgrade & Retrofit Regional Markets Share Forecast 2023
(%)
Figure 5.5 North American Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023
($bn, AGR%)
Figure 5.6 North American Commercial Aircraft Modernisation, Upgrade & Retrofit Market Share Forecast 2013,
2018 and 2023 (% Share)
Figure 5.7 European Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023 ($bn,
AGR%)
Figure 5.8 European Commercial Aircraft Modernisation, Upgrade & Retrofit Market Share Forecast 2013, 2018 and
2023 (% Share)
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10. Contents
Figure 5.9 Asia Pacific Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023 ($bn,
AGR%)
Figure 5.10 Asia Pacific Commercial Aircraft Modernisation, Upgrade & Retrofit Market Share Forecast 2013, 2018
and 2023 (% Share)
Figure 5.11 Middle Eastern Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023
($bn, AGR%)
Figure 5.12 Middle Eastern Commercial Aircraft Modernisation, Upgrade & Retrofit Market Share Forecast 2013,
2018 and 2023 (% Share)
Figure 5.13 South American Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023
($bn, AGR%)
Figure 5.14 South American Commercial Aircraft Modernisation, Upgrade & Retrofit Market Share Forecast 2013,
2018 and 2023 (% Share)
Figure 5.15 African Commercial Aircraft Modernisation, Upgrade & Retrofit Market Forecast 2013-2023 ($bn,
AGR%)
Figure 5.16 African Commercial Aircraft Modernisation, Upgrade & Retrofit Market Share Forecast 2013, 2018 and
2023 (% Share)
Figure 6.1 World Oil Prices 2003-2023 (Dollars per barrel, Brent Crude Oil)
Companies Mentioned in This Report
AAR
Abu Dhabi Aircraft Technologies ADAT
ABX Air
Admiralty Partners Inc.
AERGO Cargo Solutions (AERGO)
Aerolineas Argentinas
Aeromexico
AeroMobile
Aeronautical Engine Inc
Aeronautical Engineers, Inc. (AEI)
Aeronaves TSM, S.A. de C.V. of Mexico
AF/KLM Engineering and Maintenance
AgustaWestland
Air Algèrie
Air Berlin
Air Canada
Air China Limited
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11. Contents
Air France
Air Incheon
Air Mauritius
Air Moldova
Air Niugini
Air Tahiti Nui
Air Transat
Airbases Services Inc.
Airbus
Aircastle
AirTran Airways
Alitaila
Allied Air
Ameco Beijing
American Airlines
AMP International
AmSafe
Arik Air
ARINC Incorporated
Asiana Airlines
ASL Aviation Group
Astral Aviation
Astronics Advanced Electronic Systems Corp.
Astronics Corporation
Atlas Air
ATRAN Cargo Airlines
Austrian Airlines
Aveos
Avianca S.A
Aviation Capital Group (ACG)
Aviation Partners Boeing (APB)
Axis Airways
Azerbaijan Hava Yollari (Azerbaijan Airlines)
Azul Linhas Aereas
BA MRO
BAE Systems
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12. Contents
Ballard Technology
Bedek Aviation Group
Beechcraft Corporation
Berkshire Partners
Bluebird Cargo
bmi
Boeing China Cargo Airlines
Boeing Shanghai Aviation Services Co., LTD
Bombardier Aerospace
Bombardier Learjet
Brit Air
British Airways
Brussels Airport
CargoAir
Cathay Pacific Airways
CDI Cargo Airlines (CDI)
Cebu Pacific
Cessna Aircraft Company
China Cargo Airlines
China Postal Airlines
China South Western
China Southern Airlines
Cloudwatt
Cobham Plc
COMAC
Continental Airlines
Contour Aerospace
Dassault Aviation
Delta Air Lines
Delta TechOps
Deutsche Lufthansa AG
DHL
DHL Express
Diehl Aerospace
Diehl Aerosystems
Diehl Aircabin
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13. Contents
Diehl Comfort Modules
Diehl Group
Diehl Service Modules
DME Corporation
Drukair
EADS
EADS Barfield
EADS EFW
EADS Sogerma
Egypt Air
EL AL Israel
Embraer
Emirates
EMTEQ
Esterline
Ethiopian Airlines
Etihad Group
Euro Atlantic Airways
Eurocopter
Eva Air
FACC AG
FARNAIR Europe
FedEx
Finnair
Flightstar Aircraft Services
Fokker Aerostructures
Fokker Aircraft Services
Fokker Elmo
Fokker Landing Gear
Fokker Services
Fokker Technologies
FTSE Group
Gatwick Airport
GE Capital Aviation Services (GECAS)
GKN
Global AirWorks
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14. Contents
GOL
Goodrich Corporation
Guggenheim Aviation Partners (GAP)
Gulfstream Aerospace Corporation
Hamilton Sundstrand
Hawaiian Airlines
Hawker Aircraft
Heath Tecna
Honeywell
Hong Kong Aircraft Engineering Company Limited (HAECO)
Hong Kong Dragon Airlines Limited
Hong Kong International Airport
iAccess Technologies
IAMCO
Icelandair Technical Services
Indigo
Inmarsat
Innovative Solutions & Support
Israel Aerospace Industries ltd (IAI)
JAMCO Aero Design and Engineering (JADE)
Japan Airlines (JAL)
Jetran Air
Jetran International
Jiuzhai Huanglong Airport
Kahala Aviation
Kenya Airways
KLM
KLM Cityhopper (KLC)
L-3 Communication
L-3 communications Integrated Systems
LATAM
LCF
Lhasa Gonggar Airport
Lockheed Martin
London Heathrow
Lufthansa German Airlines
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15. Contents
Lufthansa Technik AG
Lufthansa Technik Qantas Engineering
Lufthansa Technik Switzerland
Luminescent Systems Canada Inc. (LSI Canada)
Luminescent Systems Inc
Magellan Air
Marmon Group.
McDonnell Douglas
Messier Services
MNG Technic
Moog Aircraft Group
Moog Group
MSCI Singapore
New Doha International Airport (NDIA))
New York JFK Airport
Ngari Gunsa Airport
Northrop Grumman Corporation
Nouvelair
Nyingchi Mainling Airport
Okay Airlines
Omni Air International
Panasonics Avionics Global
Paris Charles De Gaulle Airport
PECO Inc.
PEMCO
PGA Electronic
Polar Air
Pratt & Whitney
Qamdo Bangda Airport
Qatar Airways
Raytheon
Regent Aerospace
Rockwell Collins
Rolls-Royce
Royal Air Maroc
SAA CARGO
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16. Contents
Sabena
Sabena technics
Samsung Group
Saudi Arabian Airlines
SHAECO
Shanghai Foreign Aviation Service Corporation
Shanghai Taikoo Aircraft Engineering Services Company Limited (STA),
Shanghai Technologies Aerospace Company
Shenzhen Donghai Airlines
Shigatse Peace Airport
SIA Engineering Company (SIAEC)
Sideral Air Cargo
Singapore Airlines
Singapore Airport
Singapore JAMCO
Société Mallet, Mélandri et de Pitray
Sofradir
South African Airlines
Southwest Airlines
SR Technics
ST Aerospace
ST Aerospace Engineering
ST Aerospace Mobile
ST Aerospace Panama
ST Aerospace San Antonio
ST Aerospace Services
ST Engineering
Stork BV
Stork Technical Services
Stratasys
Sukhoi
Swiss International Air Lines
Sysgo
Taikoo (Shandong) Aircraft Engineering Co. Ltd. (STAECO)
Taikoo (Xiamen) Aircraft Engineering Co. Ltd. (TAECO)
TAM Brazil
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17. Contents
Tampa Cargo
Tampa Microwave
TAP M&E
Tenryu Aero Component
Thales Group
The Boeing Company
The Greenbriar Group
The IMS Company
The Pritzker Group
TIMCO Aerosystems
TIMCO Aviation Services
T-Mobile
TNT Airways
Tokyo Narita
Touraine Air Transport (TAT)
Transaero Airlines
TransDigm Group
Tucson International Airport
Tunis Air
Tupolev
Turkish Airlines
United Airlines
Universal Avionics Systems Corporation
UPS
US Airways
USA Jet
USA Today
UTair
Virgin Atlantic
Visionix
Volant Aerospace
Volga Dnepr Group
World Airways
Yangtze River Express
Yokohama Aerospace America Inc. (YAA)
Yokohama Rubber Company Ltd. (YRC)
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18. Contents
Zodiac Aerospace
Government Agencies and Other Organisations Mentioned in This Report
Civil Aviation Administration of China (CAAC)
EUROCONTROL
European Aviation Safety Agency (EASA)
European Union (EU)
Federal Aviation Administration (FAA)
Hong Kong Civil Aviation Department (HKCAD)
Hong Kong's Airport Authority
International Air Travel Association (IATA)
International Civil Aviation Organisation (ICAO)
National Aeronautics and Space Administration (NASA)
Organization of Petroleum Exporting Countries (OPEC)
Royal Government of Bhutan
UK National Statistics Bureau
US Department of Transportation
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19. The Commercial Aircraft Modernisation,
Upgrade & Retrofit Market 2013-2023
5.5 Middle Eastern Commercial Aircraft Modernisation, Upgrade and
Retrofit Market Forecast 2013-2023
Table 5.11 Middle Eastern Commercial Aircraft Modernisation, Upgrade & Retrofit
Market Forecast 2013-2023 ($bn, AGR %, CAGR%)
2013 2014
Sales $bn
AGR (%)
2015
2016 2017
2018
2019
2020
2021
2022
2023 2013-23
0.90
0.95
0.99
1.04 1.09
1.15
1.21
1.27
1.35
1.43
1.51
4.5
5.0
5.0
5.2
5.3
5.7
5.9
6.0
4.9
4.8
5.5
5.0
CAGR (%) 2013-18
12.88
5.6
2018-23
5.3
CAGR (%) 2013-23
Source: Visiongain 2013
1.6
1.4
1.2
1.0
0.8
0.6
0.4
0.2
0.0
7%
6%
5%
4%
3%
2%
AGR %
Sales $bn
Figure 5.11 Middle Eastern Commercial Aircraft Modernisation, Upgrade & Retrofit
Market Forecast 2013-2023 ($bn, AGR%)
1%
0%
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Year
Mkt Value ($bn)
AGR (%)
Source: Visiongain 2013
Figure 5.12 Middle Eastern Commercial Aircraft Modernisation, Upgrade & Retrofit
Market Share Forecast 2013, 2018 and 2023 (% Share)
2013
9.7
%
2018
10.0
%
2023
10.5
%
Source: Visiongain 2013
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Page 68

20. The Commercial Aircraft Modernisation,
Upgrade & Retrofit Market 2013-2023
5.5.1 Middle Eastern Commercial Aircraft Modernisation, Upgrade &
Retrofit Market Drivers & Restraints
Table 5.12 Middle East Commercial Aircraft Modernisation, Upgrade & Retrofit
Market Drivers & Restraints
Drivers
•
•
Restraints
Heavy maintenance checks are carried
out at short intervals.
Many Middle Eastern airlines have
been at the forefront of adopting new
Wi-Fi technologies on board their
aircraft. They have also placed an
emphasis on improving business and
first class facilities in the cabin.
•
•
•
The number of aircraft flying in the
Middle East is much smaller than in
any other region.
There are only a handful of providers
who have the expertise and ability to
carry out engineering work.
The political and security situation in
certain parts of the region is affecting
passenger numbers which are well
down on previous years.
Source: Visiongain 2013
Table 5.13 Middle Eastern Commercial Aircraft Modernisation, Upgrade & Retrofit
Market Major Contracts/Programmes (Company, Date, Details)
Company
Date
Qatar Airways
January
2012
Details
Planned to halve the number of business class seats it
provides on B777-300ER operated flights linking Doha and
leisure-orientated cities in South East Asia. The routes in
question were between the Gulf and the Thai capital of
Bangkok and the Philippines capital of Manila. They also
included Saigon and Hanoi in Vietnam. Insufficient demand on
these routes for a 42-seater business class zone appears to be
the reason for the decision.
Emirates/AMP
International
March 2012
Has already selected the Cobham HGA-7001 for its new
production of B777s, of which 37 are in active service, and a
further 96 are expected to enter service over the next nine
years.
EL AL Israel
April 2012
Selected Global AirWorks CDSS System for its entire fleet of
aircraft - B737NG, B747, B767 and B77.
Etihad/
Panasonics
December
2012
www.visiongain.com
Launched its first A330-200 aircraft fitted with its new Etihad
Wi-Fly internet and mobile connectivity. The technology is
Page 69

21. The Commercial Aircraft Modernisation,
Upgrade & Retrofit Market 2013-2023
7. Expert Opinion
7.1 Peter Murton - TAECO (part of HAECO)
Peter Murton is the Vice President of Commercial, Cabin Completion Centre, Taikoo (Xiamen)
Aircraft Engineering Co. Ltd. (TAECO). TAECO is a subsidiary of the HAECO Group, one of the
world’s leading aeronautical engineering groups. Peter Murton kindly provided answers to
Visiongain’s questions in September 2013.
7.2 HAECO’s Recent Involvement in Commercial Aircraft Modernisation,
Upgrade & Retrofit
Visiongain: Could you outline HAECO’s recent involvement in commercial aircraft
modernization, Upgrade & Retrofit?
Peter Murton: The HAECO Group has many years of experience in the refurbishment,
modification and reconfiguration of commercial aircraft cabins as an installation provider at its two
main MRO locations in Hong Kong and Xiamen, mainland China. The HAECO Group has built up
an excellent reputation in this area, having modified or reconfigured over 250 aircraft cabins, which
probably ranks us as a top player worldwide for top tier airlines from the USA, Europe and the Asia
Pacific. Our technical experience and operational efficiency has also made us a preferred
installation partner of the major cabin integration houses.
The HAECO Group has also developed capabilities that complement its strength in the traditional
MRO arena with higher value services such as Inventory Technical Management (ITM) and Fleet
Technical Management (FTM). Furthermore, the HAECO Group now has cabin engineering design
talents spread across three locations; Hong Kong, Xiamen in mainland China and San Antonio in
the US operating under the brand of HAECO Cabin Solutions, in order to complement its VIP cabin
completion services. The Group now holds design approvals from the HKCAD and CAAC, and has
set up a certification house in San Antonio specifically to handle FAA certification projects.
The HAECO Group is currently undertaking its first turnkey cabin project encompassing
programme management, engineering design, vendor management, certification and installation
for the complete green cabin completion of 3 x 767-300s that will be delivered straight from Boeing
to the HAECO Group’s TAECO facility in Xiamen. The aircraft will have a two class cabin with lieflat business class seats and economy seats, complete with in-seat IFE. The HAECO Group is
obtaining an FAA STC and concurrent EASA STC for this project.
www.visiongain.com
Page 85

22. The Commercial Aircraft Modernisation,
Upgrade & Retrofit Market 2013-2023
8. Leading Companies in the World Commercial Aircraft
Modernisation, Upgrade & Retrofit Market
8.1 AAR Overview
Table 8.1 AAR Overview 2012 (Total Revenue, Revenue from MRO Segment, HQ,
Ticker, Contact, Website)
2012
Total company revenue $bn
Revenue from MRO Segment
Headquarters
Ticker
IR Contact
Website
$2.064bn
$422,169
Illinois, USA
AIR
Tel: 630-227-2075
www.aarcorp.com
Source: Visiongain 2013
Table 8.2 AAR Products / Services (Product, Specification)
Product
Overhaul and
Modifications
Specification
Capabilities include aircraft inspection and repair; major airframe
modifications; avionic service and installations; structural repair;
exterior and interior refurbishment; and complete engineering
service and support.
Source: Visiongain 2013
8.1.1 AAR – One of the Largest Independent MRO providers in North
America
AAR was incorporated in 1955 and serves passenger airlines, cargo carriers, tier two suppliers and
aircraft and engine OEMs with diverse MRO, engineering (including modifications and upgrades),
logistics and precision fabrication capabilities. AAR provides both stand-alone services and
customized, integrated solutions. The company states that it is the largest independent provider of
MRO services in North America.
AAR operates 1.3 million square feet of hangar space and specializes in maintenance checks,
modifications/conversions, installations and paint services, with an emphasis on heavy C and D
www.visiongain.com
Page 88