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The recent early retirement trend which has led to a large number of relatively young aircraft being torn down for parts has resulted in a considerable decrease of certain spare parts’ prices. That, in addition to the positive changes in the lease rates has resulted in significantly prolonged service-life of some types of aircraft. At
Currently Russian or Soviet-built helicopters represent approximately 15% of the global helicopter fleet. Moreover, the manufacturers are ambitious about strengthening their global presence and strive to raise this number to 20% until 2020. Therefore, the need to invest into the development of the infrastructure necessary for the aftermarket support of the products used outside the
The Ulyanovsk-based Aviastar-SP aviation facility has recently launched the production of the upgraded Il-76 transport aircraft. The first of the newly produced Il-76MD-90As are expected to be delivered already next year. Nevertheless, despite the considerably fast manufacturing rates of the new generation of aircraft, most models of Il-76s currently in service are more than 15
There is no secret that modern carriers are constantly seeking for ways to minimize operational costs. As most airlines tend to approach their cost-cutting objectives through the growth and development of their fleets the optimization of aircraft maintenance remains on the top of the priority list. With the obvious financial benefits stemming from the so
The introduction of new cost efficient generation of aircraft to the aviation market has had its impact on all of its segments. From the carriers’ point of view it has created the circumstances under which fast fleet renewal became one of the key factors of staying in the game. Naturally, this process had to be
With air transportation vividly developing across the globe, the aircraft aftermarket is increasingly attracting the attention from outside of the industry. Recently several UK-based aviation companies have secured a total of $9 million worth of investments from non-aviation financial institutions. The money will be used for the production of new and the expansion of restored
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