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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

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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

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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

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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

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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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Future of fully electric flight

If a jet were to use today’s batteries, 1.2 million pounds of batteries would be required just to generate the power of the jet engine it would be replacing. This weight would effectively need an additional eight jet planes just to carry that weight! About 200 kilowatts of battery power will be needed for liftoff,

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Trends In The Aviation Industry

No doubt that the COVID-19 pandemic has triggered a technological advancement in the aviation industry. Given that air travel and overall aviation industry was affected in the previous year, the role of new technologies in revolutionizing air travel, cargo sector, global advancements in sustainability and autonomous transportation, in addition to new space services, satellite connectivity

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