By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Latest World News UpdateLatest World News UpdateLatest World News Update
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Lifestyle
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Gujarati
  • Hindi
  • Press Release
    • Press Release Distribution Packages
  • Legal Talk
Notification Show More
Font ResizerAa
Latest World News UpdateLatest World News Update
Font ResizerAa
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Lifestyle
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Gujarati
  • Hindi
  • Press Release
    • Press Release Distribution Packages
  • Legal Talk
Follow US
Latest World News Update > Blog > Business > “Our MRO Sector’s New Strategies and Cost-effective Practices will Augment Operational Efficiency,” says Jaideep Mirchandani Group Chairman Sky One – World News Network
Business

“Our MRO Sector’s New Strategies and Cost-effective Practices will Augment Operational Efficiency,” says Jaideep Mirchandani Group Chairman Sky One – World News Network

worldnewsnetwork
Last updated: May 28, 2025 12:00 am
By worldnewsnetwork
Share
4 Min Read
SHARE

NewsVoir
Mumbai (Maharashtra) [India], May 28: In 2024, India crossed 350 million annual air passengers, establishing itself as the third-largest aviation market in the world, according to the Ministry of Civil Aviation. Over the past decade, domestic air passenger traffic has grown steadily at 10-12% each year. To keep pace with this rising demand, major Indian carriers, including Air India, IndiGo, and Akasa Air, have collectively placed orders for more than 1,700 new aircraft. However, due to global supply chain disruptions, deliveries will take time, pushing airlines to extend the operational life of their current fleets.
An analysis by McKinsey & Company suggests that aircraft retirement rates between 2024 and 2026 will be about 24% lower than in the pre-pandemic years of 2010 to 2019. This extension in aircraft use will likely require more maintenance work, especially on engines and airframes than would have been necessary in a balanced supply-demand environment.
As airlines strive for efficiency by relying more on existing aircraft, the demand for the maintenance, repair, and overhaul (MRO) sector will increase.
“Delayed retirements will pressure the system, pushing the MRO sector to adopt new strategies. Older aircraft will need more attention, which could drive the adoption of predictive maintenance and cost-effective practices to maintain operational efficiency,” says Jaideep Mirchandani, Group Chairman of global aviation company Sky One.
Explaining predictive maintenance, he says, “It relies on sensors, data analytics, and machine learning to anticipate maintenance needs before equipment fails. These systems collect data from aircraft systems, components, and structures and analyse them to detect early signs of wear or malfunction. Maintenance schedules can then be adjusted in real-time based on how the aircraft is used, reducing downtime and cost.”
He says predictive maintenance prevents unexpected failures and improves safety, reliability, and fleet availability. He adds that augmented Reality (AR) further enhances this process by giving technicians real-time data, guided instructions, and remote expert support. This leads to faster, more accurate maintenance and improves safety checks and repair quality. AR also helps streamline complex procedures by connecting technicians with experts instantly.
MRO providers are also turning to drones, robotics, and vision systems to speed up inspections and make them more precise. At the same time, Robotic Process Automation (RPA) is being used to handle repetitive backend tasks, reducing manual workload and improving efficiency. In addition, more providers are investing in intelligent enterprise software that helps manage contract planning, maintenance execution, reporting, and invoicing. These systems offer greater accuracy, consistency, and scalability.
The industry expects that by 2028, aircraft retirements will return to normal, supply chains will stabilise, and new aircraft deliveries will accelerate. “By then, the MRO sector is also likely to have transitioned to smarter, more efficient solutions,” concludes Mr Mirchandani.
(ADVERTORIAL DISCLAIMER: The above press release has been provided by NewsVoir. ANI will not be responsible in any way for the content of the same)

Contents
WORLD MEDIA NETWORKPRESS RELEASE DISTRIBUTIONPress releases distribution in 166 countriesPress releases in all languagesPress releases in Indian LanguagesIndia PackagesEurope PackagesAsia PackagesMiddle East & Africa PackagesSouth America PackagesUSA & Canada PackagesOceania PackagesCis Countries PackagesWorld Packages

Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by
Share This Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Fast Four Quiz: Precision Medicine in Cancer

How much do you know about precision medicine in cancer? Test your knowledge with this quick quiz.
Get Started
APSEZ breaks records: Handles 420 MMT cargo globally, sets new milestones in March 2024 – World News Network

The company announced that it achieved its highest ever monthly cargo volumes,…

Stock market opens on a bullish note: Nifty-Sensex surge – World News Network

Simultaneously, the BSE Sensex followed suit, leaping by 317.27 points or 0.43…

IIHM Institute of Hospitality Skills (IIHS) opens largest training centre in Udaipur – World News Network

New Delhi [India], April 1: IIHM Institute of Hospitality Skills (IIHS), India's…

Your one-stop resource for medical news and education.

Your one-stop resource for medical news and education.
Sign Up for Free

You Might Also Like

Maruti Suzuki and JETRO collaborate to facilitate business opportunities for startups from India and Japan – World News Network

By worldnewsnetwork

India’s fintech sector poised for next phase of growth with product diversification, smarter risk management: Report – World News Network

By worldnewsnetwork

India to remain fastest-growing large economy in world for next 30 years: Piyush Goyal – World News Network

By worldnewsnetwork

Nifty, Sensext in pressure as US Federal court gives interim go ahead on Trump tariffs till Higher Court decides – World News Network

By worldnewsnetwork

Sports

England announce their playing 11 for first ODI against West Indies – World News Network
Sports
Confidence key to perform against quality opponents, says Blue Tigresses coach Crispin Chettri – World News Network
Sports

Popular Category

  • Business
  • Entertainment
  • Health
  • Lifestyle
  • National
  • Science
  • Sports
  • Tech
  • Videos
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Press Release
  • Press Release Distribution Packages

Entertainment

Miss Universe India 2025 prep in full swing as state-level events begin across the country – World News Network
Entertainment
Manchester United star players Harry Maguire, Diogo Dalot, Andre Onana arrive in Mumbai – World News Network
Entertainment
Latest World News UpdateLatest World News Update
Copyright © 2024 World News Network. All Rights Reserved
Welcome Back!

Sign in to your account

Lost your password?