Aircraft fleet renewal in the Baltic States raises the issue of more effective solutions regarding the management of retired aircraft spare parts

2020-09-09 / 2 min

Reading Time: 2 minutes In February 2012 the Estonian flag carrier – Estonian Air – announced its full aircraft fleet renewal, shifting from multi-type to single Embraer E-jets series fleet. The national carrier of the neighbouring Latvia – airBaltic – has also spoken about the plans to send all of its remaining Fokker 50s to retirement by the end

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The development of spare parts supply chain in the Baltic States may be enhanced by the growing passenger markets

2020-09-09 / 2 min

Reading Time: 2 minutes According to the latest ACI Europe airport review, the Baltic States are among the fastest growing passenger markets, with 38,7% and 28.4% year-to-year passenger increase at Vilnius and Tallinn airports respectively. Should the figures keep rising in the future, regional carriers will naturally increase the number of both flights and routes. However, with more flight

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E-procurement may provide more effective component support during seasonal changes

2020-09-09 / 2 min

Reading Time: 2 minutes According to AeroStrategy, the total amount of aircraft inventory in the industry is worth over $47 billion reaching the overall value of the entire MRO services’ market. The major portion of the inventory is airline-owned, proving that carriers prefer to maintain fully equipped own stocks, rather than acquire spare parts in case of need. But

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Not every African start-up airline ought to be short-lived

2020-09-09 / 2 min

Reading Time: 2 minutes In the end of 2011 Rubicon Diversified Investment along with easyGroup has revealed the plans to launch a new low-cost airline, which would serve regional hubs in Africa. With an average forecasted annual passenger growth of over 6%, Africa shows great aviation development potential. Unfortunately, many local start-ups in the industry are still short-lived. According

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Why it is so complicated to develop business between the emerging & the evolved markets?

2020-09-09 / 3 min

Reading Time: 3 minutes Global $49.5B MRO industry is expected to grow to $68.4B over the next 10-year period. According to the forecasts of aviation experts, engines and component segments are expected to maintain the highest growth rate. Despite these optimistic expectations, the Western World is still struggling to recover economically. Forming new business relationships with partners and setting

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Stolen and counterfeit spares is still one of the major issues in the aviation industry

2020-09-09 / 2 min

Reading Time: 2 minutes In the last couple of decades, despite several global economic shake-ups, aviation industry have been rapidly expanding to meet the demand determined by the increasing number of passengers and global business trends all over the world. As a result, airlines have been rapidly expanding and renewing their fleets that require constant care, maintenance and support.

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