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The current situation is going to force some MRO players to join forces to survive. That’s the view of industry veteran, Kadri Muhiddin, chairman and chief executive of AMAC Aerospace, who views mergers and acquisitions (M&A) as a “kind of helping hand to keep the industry going”.
Whether it’s M&A or partnerships of independents, this generous point of view goes to the heart of the difficult question of right-sizing in the face of customer cash-preservation strategies. ....