Expected Boom of Aircraft Part Aftermarket

2023-05-19 / 2 min
Reading Time: 2 minutes

In recent years, the aviation industry has faced numerous challenges, with one of the most significant being issues with the aircraft part supply chain. Locatory.com, an aviation marketplace for aircraft spare parts and repair capabilities, reports that the aircraft part aftermarket is expected to boom, following the accumulating issues in the industry.

According to Toma Matutyte, CEO of Locatory.com, aircraft manufacturers continue to struggle with increasing backlogs, with Airbus backlog of 7,254 aircraft and Boeing backlog of over 4,500 aircraft after Q1 2023. “Due to excessive backlog, airlines are forced to continue operating aging aircraft that require more maintenance and repairs. This situation leads to a rise in demand for replacement parts in the aftermarket. Going forward, this trend will be felt more acutely in developing regions, where airlines still rely on their older aircraft, and acquiring new aircraft is challenging.”

Furthermore, the ongoing geopolitical turmoil and COVID-19 aftereffects have made it more challenging to obtain manufacturing materials, worsening supply chain issues. This has resulted in significant delays in the Original Equipment Manufacturer (OME) production of new aircraft parts, creating a shortfall in supply and a greater need for used parts. Consequently, more and more companies are turning to the aftermarket to fulfil their replacement needs.

As the demand for aircraft parts in the aftermarket continues to grow, online platforms like Locatory.com are expected to attract more attention from airlines, aircraft lessors, and MROs worldwide. “Online platforms offer a broad range of readily available used aircraft parts, which make it easier and more cost-effective for buyers to locate the parts they require,” Matutyte explains.

While the issues in the aircraft part supply chain will likely continue to affect the industry in the future, the aftermarket will play a crucial role in meeting the demand for replacement parts, particularly in still-developing regions. While aircraft manufacturers work to address the root causes of these supply chain issues, airlines are turning to the aftermarket for solutions, making online marketplaces a viable solution to keep aircraft off the ground.

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Top 5 Emergency Delivery Service Providers in Aviation

2023-04-05 / 2 min
Reading Time: 2 minutes

As the world becomes increasingly fast-paced, the need for urgent deliveries is becoming more frequent. In situations where time is of the essence, emergency delivery via air service providers plays a critical role. Toma Matutyte, CEO of Locatory.com, an aviation marketplace for aircraft spare parts and repair capabilities, provides valuable insights into the top 5 companies that excel in providing time-sensitive delivery services to clients across the globe.

Atlas Air

Atlas Air is a leading provider of global aviation services, specializing in outsourced aircraft and aviation operating solutions. They operate a fleet of over 80 freighter aircraft, which includes the Boeing 747, 777, and 767. With an extensive global network, they offer time-sensitive solutions for cargo delivery across six continents. The airline also provides charter and leasing services, along with crew and maintenance services.

Cargolux

Cargolux is a Luxembourg-based air cargo carrier, specializing in transporting high-value and time-sensitive cargo. They operate a fleet of over 30 Boeing 747-400 and 747-8 purpose-built freighters, serving more than 90 destinations worldwide. Cargolux offers a range of customized solutions for customers, including express delivery, door-to-door service, and temperature-controlled transportation.

DHL Aviation

DHL Aviation, a subsidiary of Deutsche Post DHL Group, is one of the world’s largest air cargo carriers. They operate a fleet of around 200 aircraft, including Boeing 757, 767, and 777, and Airbus A300 and A330. DHL Aviation provides time-definite express delivery services to over 220 countries and territories worldwide, with coverage in both major cities and remote areas.

FedEx Express

FedEx Express is the air cargo subsidiary of FedEx Corporation, providing urgent shipping solutions to more than 220 countries and territories worldwide. With a fleet of over 650 aircraft, including Boeing 777, 767, and 757, and Airbus A300 and A310, they offer a range of express delivery services for both domestic and international shipments. Furthermore, FedEx Express provides customised solutions for specialised industries such as healthcare, automotive, and aerospace.

UPS Airlines

As the air cargo arm of UPS, UPS Airlines presents time-critical shipping solutions to more than 220 countries and territories across the globe. They operate a vast fleet of over 275 aircraft, consisting of the Boeing 747, 767, and 757, as well as the Airbus A300 and A330, to cater to urgent delivery requirements. UPS Airlines also specialises in tailored solutions for various sectors, such as the automotive, healthcare, and aerospace industries.

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How Long Does It Take To Cross The Atlantic?

2022-10-14 / 2 min
Reading Time: 2 minutes

October marks a special anniversary regarding transatlantic air travel. A special anniversary in the world of passenger aviation, with October 4th, 1958 being the date of the first jet-powered transatlantic commercial flight. Here are some variables that affect the speed at which a plane crosses this ocean.

Aircraft type

A key factor is the aircraft being used. While modern jetliners are in a similar ballpark regarding speed, there used to be more variation. This was particularly obvious with the supersonic Aérospatiale/BAC Concorde airliner flying between Europe and North America. Transatlantic routes were in between of 3 hours and 30 to 3 hours and 45 minutes. However, under certain conditions, it could fly even faster, with its New York-London record being 2 hours, 52 minutes, and 59 seconds.

The route

Route of a transatlantic flight also plays a role in dictating its length. For example, Aer Lingus flies from Shannon in western Ireland to Boston, with the Massachusetts city being further up the eastern coast than New York. These flights duration of just 6 hours and 55 minutes, with the return being even shorter, at 6 hours and 5 minutes.

Looking further south, direct flights across the Atlantic Ocean between Africa and South America are in shorter supply. TAAG Angola Airlines’ flights from its Luanda hub to São Paulo/Guarulhos have a scheduled block time of 8 hours and 30 minutes.

Direction and wind speed

Flights, North America to Europe are faster than those traveling in the opposite direction. This is because these flights benefit not from the earth’s rotation, but rather from jetstreams. These fast-flowing, high-altitude air currents help eastbound flights cross the Atlantic quicker than their westbound counterparts.

In February 2020, a British Airways Boeing 747 set a subsonic transatlantic speed record when, assisted by the winds of Storm Ciara, it flew from New York to London in four hours and 56 minutes. Since 1958, transatlantic jet travel has come a long way!

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Supply Chain Challenges Faced by Aviation

2022-10-07 / < 1 min
Reading Time: < 1 minute

Aerospace supply chains have become more fragile due to greater globalization, increased complexity, as well as price inflation. Staffing shortages have caused airports to cancel thousands of flights, while aircraft manufacturers are experiencing longer lead times on their production lines.

The economic unrest has instigated a wave of new challenges, with sanctions and conflict restricting the flow of critical resources.

As demand for commercial, civil and defense aviation recovers, the difficulty for companies is returning employee headcount to pre-pandemic levels and possessing all the fundamental skills.

The combined effects of these underestimated disruptions has made it even more evident that supply chains, no matter how mature, are far more unadaptable than to be believed. Operational strategies currently focused on digital should also include a strong risk preparedness component, greater transparency and sustainability.

This is not the first time, nor will it be the last, when a major disruption in aviation industry has presented itself; the key question is how can respond now, and in the future. Maintaining profitability and a healthy balance sheet during such an event is certainly achievable.

Underestimating the next set of global disruptions is perhaps inevitable (we cannot know the future). However, companies which take proactive balanced steps to mitigate supply chain risks and increase supply chain visibility and durability are more likely to be able to enjoy continued success and profitability.

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Serious Topic: Parts Replacements

2022-09-26 / 2 min
Reading Time: 2 minutes

Aircraft replacement parts are a crucial component of continued aircraft cycle. Even the smallest replacement part can ground an airplane. However, it’s the little things that can make all the difference in the installation of new equipment.

One of the biggest questions many aircraft owners face is: How do I know the parts I am flying behind are approved and not some knock-off?

The FAA has a term for aircraft material that does not meet the standards for installation, and return to service — suspected unapproved parts (SUPs). Just because a bolt fits does not necessarily mean you are good to go. Approved aircraft parts must conform to strict guidelines.

The aircraft parts aftermarket is massive and will only continue to grow. This growth creates both opportunities and challenges for owners, operators, and maintenance professionals when it comes time to procure parts.

Thousands of companies advertise themselves as aircraft parts distributors. This list does not include the undocumented dealers, private sellers.

The best defense you can have against the threat of a SUP is to buy consistently from trusted suppliers.

How can aircraft parts distributors protect themselves against counterfeit goods?

  • Maximize availability of authentic products.
  • Procure products from reliable sources, assuring authenticity and conformance.
  • Control products possibly identified as suspect.
  • Report products to other potential users and government authorities.

What offers Locatory.com Marketplace?

  • Quality suppliers data base including manufacturers, distributors, real stock suppliers.
  • Powerful complex of search tools and options, easy and quick to use. Instant RFQs sending possibilities and contacts visibility.
  • Variety of suppliers offering parts gives the possibility to choose the best price and delivery time match.
  • To make even more exact search you can always use the option to select exact PN condition and Supplier location country.

What advice can to offer when purchasing aircraft parts?

  • Do business with an accredited supplier operating within an aviation standard.
  • Use the tools provided by Locatory.com Marketplace.
  • Listen to that inner voice of reason that asks, “Why is this actuator $500 while all the others I have seen are $5,000?”

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New Heights for Aviation Industry: 5G

2022-08-26 / < 1 min
Reading Time: < 1 minute

The new generation of commercial wireless communications (5G) and the multiplication of 5G antennas have raised concerns of interference with aircraft operations, particularly for landing at airports. While most focused on the impact of 5G on consumers, it’s the enterprise world where the technology will really take flight.

5G’s Impact on the Entire Aviation Lifecycle

If leveraged properly, 5G deployments will touch every facet of the aviation lifecycle. At a high level, 5G will transform the industry in: manufacturing, airlines, and the passenger experience.

Manufacturing

For example, 5G can provide manufacturers greater understanding of all its manufacturing processes/scenarios by enabling digital twins for aircraft blisks. Blisks are complex products that require high transmission rates, high reliability, and high data rates to produce. By deploying a 5G, manufacturers can ensure highly precise blisk manufacturing and real-time tracking capabilities.

Airlines

It’s easy to imagine 5G’s impact on a structure such as an airport, but the airlines themselves can leverage 5G technology as well. The avionic systems inside airlines, for instance, can have accelerated communication with control towers via 5G connectivity. Also, real-time equipment monitoring using 5G networks can enable predictive maintenance. Airlines could also improve their cargo and people movement, with 5G.

Passenger Experience

The opportunities are vast to utilize 5G to provide an improved passenger experience. From a logistics standpoint, QR code scanning to verify passengers’ identity can considerably reduce waiting periods and long queues. Real-time video streaming enabled through 5G could improve baggage control and monitoring, providing passengers with constant monitoring of their baggage during loading/unloading and the flight itself. When on the airplane, passengers could benefit from a 5G-enabled experience by lighter-weight and faster in-flight entertainment services.

The sky is truly the limit when it comes to 5G’s ability to transform the aviation industry.

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