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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,
Locatory.com continues to perfect its newest artificial intelligence assistant Amber A.I. Due to a newly introduced extension the service is now available for Mozilla Thunderbird users. Moreover, the application boasts a package of the latest updates such as attachment and Cyrillic alphabet support. Following the latest introductions, the system plugin can be integrated with the
Following the latest trends within the aviation industry, spare parts business, once a mundanely straightforward enterprise, has evolved into one of its most dynamic sectors. However, as in most cases, the new developments were accompanied by unique challenges. On the one hand, technologically advanced components help to drive down maintenance costs on the newest aircraft.
Under competitive pressure more and more airlines are abandoning the strategy of holding huge and expensive aircraft parts stocks to support their operations. However, it does not mean that they are willing to give up on the extremely reliable dispatch such stocks support. As a result, finding the right balance between spares availability for fleet
With airlines worldwide carrying unprecedented numbers of passengers and aircraft manufacturers reaching record production rates, the recovery of the global aviation industry is unquestionable. As a result, IATA forecasts the airline industry to generate $746 billion revenues in 2014. However, with the actual profit accounting for as little as $18 billion, there are still important
The influence of the aftermarket services on today’s commercial aviation industry is undeniable. The most recent statistical data indicates that the spare parts market has grown by over $5 billion in 12 years’ time and now accounts for almost half of $54 billion worth MRO market. However, despite the impressive growth, the segment has still
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