A global audience of commercial aviation aftermarket decision makers will meet in Frankfurt for Aviation Week Network’s ap&m Europe, the leading networking platform for the airline supply chain.
The ap&m summit takes place on June 4, 2019, at the Maritim Hotel in Frankfurt during which more than 100 attendees will gather to network and discuss a range of MRO and supply chain topics. Led by senior decision makers from airlines, OEMs, MROs and industry organisations, the summit offers a combined knowledge sharing and networking opportunity.
Annual MRO demand value is set to rise to $111.8 billion in 2027 – up from $90.2 billion this year – a 2.4% CAGR or an increase of 24% over 10-years according to Aviation Week Network, Intelligence & Data Services’ Fleet & MRO Forecast. Total MRO demand worldwide during the next 10 years is projected at more than $1 trillion – the first time a decade’s projection has exceeded this lofty hallmark. In Western Europe, global MRO spend is increasing by 3% each year driven by engine MRO which will make up 40% of total spend by 2028, according to Oliver Wyman.
The exhibition, known as the “Global MRO Procurement Expo,” taking place 5-6 June at Messe Frankfurt, will attract more than 3,000 attendees and will feature 175 exhibitors offering a wide range of aftermarket products and services including MROs, OEMs, parts manufacturers and distributors, supply chain and logistics and many more.
Meet the Buyers, the event’s signature networking platform, matches buyers and suppliers to take part in a four-hour speed networking session resulting in more than 1,200 face to face meetings with 90 procurement executives.
“Frankfurt is one of Europe’s top aviation hubs and an ideal location for aviation decision makers and buyers to gather for ap&m, resulting in customer acquisitions and business relationships,” said Lydia Janow, Managing Director, Events & Tradeshows, Aviation Week Network. “The mood is set for big business as growth in the commercial aviation aftermarket shows no signs of slowing down.”