Goodrich sees MRO recovery in 2H2010, Safran in agreement. AAR Corp and Air Partner report results

As air travel recovers, the outlook for the MRO industry is also improving, although not quite at the pace some observers forecast towards the end of 2009. Goodrich Corp CFO, Scott Kuechle, commented this week that a recovery in MRO activity is due in 2H2010, but the company does not expect to see real growth until 2011, with 2010 growth expected to be “fairly low”.