After dealing with the direct impact of corona the aviation sector must now contend with the indirect impact, supply line constrains and shortages, compounded by the effects of the ongoing conflict in the Ukraine.

In our VZM Market Outlook 2023 for commercial aviation & maintenance we once again review these challenges. The energy price volatility is affecting both airlines and MROs with little change expected in 2023. While global losses have decreased and some airlines have returned to profitability, others are still trying to cope with the challenges they face. The majority of MROs are struggling to meet the growing demand for their services, they will have to become even more innovative and flexible to meet future demand and customer expectations.

We hope you enjoy this 23^rd edition and look forward to your feedback and comments. Electronic copies of the Outlook along with other VZM publications are freely available to subscribers of the VZM website at the Info Center. If you are not a subscriber, simply click the “subscriptions” link at the top of this website. Subscription is free of charge and without obligation.