M&A in the Commercial Aftermarket
- Wednesday, 04/11/2018: 11:30 AM - 12:15 PM
- Session Number:
The commercial MRO sector has seen several years of robust M&A activity. Strong market fundamentals – including airline restructuring and capacity discipline – have attracted investor attention. Consolidation pressure, a continued increase in passenger traffic, alongside strengthening airline operating profits and healthy order backlogs have acted as a steady stream of good news for investors. However, how much longer can this continue – will build rate uncertainty, cost pressures from OEMs and capital demands force shareholders in tier I and tier II suppliers in particular to reassess strategic growth decisions?