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The air passenger traffic growth in the largest Latin American country Brazil is being driven by the strong economic growth and the rapidly expanding middle class. Brazil is currently one of the most stable and prosperous countries in Latin America which demonstrated an impressive $2.47 trillion GDP in 2011. The country’s economy is anticipated to
Today the national air fleet of Russia is composed of over 1500 various types of aircraft, whilst a mid-sized Russian commercial airline operates a fleet of approx. 20 aircraft, produced by both Russian and Western manufacturers. However, due to the ongoing ‘westernization’ of the fleet, the demand for relevant aircraft spare parts is continuously increasing,
The US-Finland trade seems to be relevantly moderate – the USA accounts for only approx. $6-7 billion of the total $145 billion export and import trade of Finland. However, over one third of all the imported aircraft parts reach the Scandinavian country from the American aviation suppliers. As many of the local air carriers continue
Due to slow recovery of the global economy, most airlines are still struggling to recuperate satisfactory passenger flows. However, sharp budget cuts and constant pressure to lower operational and other expenses have eventually resulted in positive changes of airlines’ performance. In order to preserve successful optimization goals, carriers are ought to further enhance their performance,
Last week a South African manufacturer Denel Aviation and the Russian Oboronprom, the parent company of an aircraft manufacturer Russian Helicopters, announced that the companies would create a servicing hub for the Russian-made military and commercial helicopters in the Sub-Saharan Africa. The construction of such service centre, along with the increasing global demand for Russian
For some time now the industry representatives have been vigorously discussing the intensifying role of the original equipment manufacturers (OEM) in the aircraft aftermarket. While some market players are expressing their discontent with the OEMs’ intensions to gain much more control over the MRO services as concerns parts and components, it has now become obvious
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