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Technologies that are changing the MRO industry

The aircraft maintenance industry has been adapting quite slow compared to the speed of technological developments. While new technology have been used to better detect damaged parts or optimize repairs processes, aircraft maintenance is still overwhelming dependent on human labor. New MRO technologies show promise of changing the way the industry operates, a potential shift

AOG – the pressing demand to return aircraft to service as quickly as possible

Modern commercial aircraft are composed of literally millions of working parts that combine to assemble a fully functioning aircraft – one that can fly and earn revenue for its operators. Should any one, or combination of these millions of components demand replacement or repair, the potential for loss of earnings is great. AOG (aircraft on

Transparency in spare parts pricing

In an environment as crowded as the aviation spare parts marketplace, finding transparency in pricing may seem like an almost impossible task. With the sector flooded with millions of unique part numbers, competing brokers, MROs, and original equipment manufacturers (OEMs), how can industry players be sure that prices are accurate, conducive to profit, and have

Is cryptocurrency a viable payment platform for aviation spare parts?

It’s been slow coming, but finally, blockchain technologies are beginning to disrupt the aviation spare parts and maintenance industries. The aviation and aerospace industries are well known for their traditional methods of doing things and their reluctance to change – with good reason in many cases, safety being one of them – however, the benefits

The secret afterlife of retired aircraft

Around 94% of an aircraft can be reused or recycled at the end of its life. This could see fully functional cockpit equipment becoming a spare part for another aircraft or aluminum fuselage finding a new life as a keyring. Circular economy for aerospace and aviation sectors: redesign, repair, reuse, recycle, paving the runway to

Aircraft Parts Purchasing: Focusing On Result and Not the Workload

The aircraft spare parts purchasing process is largely the same as it was years ago. Buyers run through the list of parts they’ve been tasked to acquire, and they work with the same partners that they always have via email, phone calls and so on. These deal-makings are tracked in spreadsheets, and buyers record quotes

The trick behind turning slow-moving inventory into profit

Sometimes keeping aircraft parts in stock to fulfill contractual obligations or seek opportunities once they arise, makes a valid business case for companies to pursue. However, if not done correctly the strategy can put unnecessary strain on cash flow and resources. Jevgenijus Petronis, Head of Product at Locatory.com, a leading online aircraft parts marketplace, provides

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