With half of the year 2017 almost gone, experts in the private jet MRO industry tend to look back at the trends that developed through the year. This year, new generation aircraft as well as cabin modifications are the ‘hot topics’, both of which are pushing MROs to change service scope and variety. Changing fleet composition is among the key [...]
Aircraft spare parts and repair capabilities marketplace Locatory.com is further expanding its presence in Asia by signing a contract with HNA Technic, MRO unit of the HNA Group – biggest private airline group in China. The Asian company will conduct its spare parts trade on behalf of 20+ airlines using Locatory.com. HNA Technic will be listing over 20 000 commercial [...]
FL Technics, a global provider of one-stop-shop aircraft maintenance, repair and overhaul services, has expanded its cooperation with a leading supplier of aerospace metals and other materials – Future Metals – by agreeing to set up a stock of metal products in Vilnius, Lithuania. Back in 2015, the US-headquartered Future Metals appointed FL Technics as its exclusive representative in 12 [...]
BGS, an international provider of ground handling and aircraft fuelling services, has renewed fuel service provision for Norwegian aircraft at two Lithuanian and two Polish airports, adding one more – Kaunas airport – to the deal. Norwegian and BGS partnership spans over 4 years since 2013 and recently, parties have extended the fuel supply partnership at Krakow, Warsaw, Vilnius, Kaunas [...]
As it stands today, Airbus and Boeing have a total of over 11 000 new aircraft in their backlogs. Inevitably, all of these machines will blend into the ageing worldwide fleet, amounting to a colossal 40 000 aircraft in 2035, says Boeing. Nevertheless, as the numbers in this graph flourish, delays and flight cancellations are also on an upward trend, [...]
In May 2017, Cirrus released Vision Jet – the most affordable private jet in the market today. But does cheaper necessarily mean the one to go for? Not always, price is only one of the criteria for choosing the most compelling type of private jet. How to estimate the major differences among various size aircraft and choose the most compatible [...]
With more than 2000 helicopters to be procured by 2021, uncertainty on growing maintenance demand appears. Increased need for technical knowledge provokes more questions than answers: outsource or invest in the internal technical team, train on-site or send to the training center, etc. In 2016, more than 20% of global helicopter fleet was operated in Asia-Pacific. Complicated geo-political situation that [...]
AviaAM Leasing, a Warsaw Stock Exchange listed aircraft leasing company, has announced its financial results of 2016 recording significant increase in business volumes – company’s revenue tripled to €80,8 million, operating profit jumped by 75% from €13,9 million in 2015 to €23,1 million in 2016. Net profit grew from €9,1 million to €16,1 million. The company's rapid growth was largely [...]
