How would you define the current market situation in general? Overall demand is finally reaching and starting to exceed the levels of 2001. But even this modest upturn in the MRO industry, linked especially to the strong growth of many new low-cost providers, is being diminished to some extent by counter-trends, with market consolidation occurring only slowly. Worldwide, downward pressure on prices persists and market recovery per se does not mean yield is recovering. Size matters in ...

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