Reading Time: 3 minutes As the air traffic continues to grow at an average of 5.6%, so does the carriers’ need for new capacity globally. As a result, despite the industry’s increasing concerns over possible overproduction, the leading manufacturers are determined to push their most popular aircraft production rates up to a combined total of 100 per month. Nevertheless,
Reading Time: < 1 minute Locatory.com, an IT company supporting the aviation industry with IT-based Supply Chain Optimisation solutions worldwide, is delighted to team up with Unical Aviation, a USA-based global supplier of aircraft parts, components, and inventory-based solutions in offering industry professionals access to Unical Aviation’s parts inventory using one of the largest aviation inventory listing systems. As of
Reading Time: 2 minutes While today’s commercial fleet of approximately 20 900 aircraft (acc. to Boeing data) is expected to almost double in the next 20 years, the retirement of older generation machines is also gaining momentum. During the upcoming decade, the retirement rate is expected to reach 1000 aircraft per year, thus raising the availability of surplus parts
Reading Time: 2 minutes Ryanair’s recent $22 billion order of 200 Boeing’s 737MAX aircraft is a clear sign that the growth of the global fleet isn’t going to slow down anytime soon. In the meantime, TeamSAI predicts that the global MRO-related spending can be expected to increase at a rate of 3.3% annually until 2022. Following an intense period
Reading Time: 3 minutes With a combined backlog of more than 10 000 commercial aircraft, both Boeing and Airbus have never been in a stronger position, particularly when it comes to negotiating with their suppliers. As a result, the OEMs have been increasingly pressuring the latter to offer significant price concessions in order to be able to sell new
Reading Time: 2 minutes The influence of the aftermarket services on today’s commercial aviation industry is undeniable. The data provided by ICF SH&E indicates that the spare parts market has grown by over $5 billion in 12 years’ time and now accounts for almost half of $56 billion worth MRO market. Moreover, with early aircraft retirements affecting the aftermarket,