Aircraft Refurbishing Market to Grow 35% by 2030; Boeing Among Leaders
The aircraft refurbishing market is forecast to expand from $6.65 billion in 2025 to $9 billion by 2030 at a 6.2% CAGR, with Boeing among leading providers alongside Gulfstream and Bombardier. Air India has committed $400 million to cabin upgrades and Flexjet’s acquisition of Constant Aviation bolsters its MRO capacity.
1. Market Growth Forecast
Analysts project the global aircraft refurbishing industry to rise from $6.65 billion in 2025 to $9 billion by 2030, reflecting a 6.2% annual growth rate driven by increased passenger volumes, cabin modernization demands and fleet renewal programmes.
2. Major Industry Developments
Air India has unveiled a $400 million refurbishment initiative targeting widebody cabin interiors, while Flexjet’s acquisition of Constant Aviation enhances its MRO footprint. Key market participants include Autotrade Aviation, Duncan Aviation, Gulfstream, Boeing, Bombardier and Lufthansa Technik.