Despite the fact, that reducing MRO expenditures by as few as 10% could almost double a carrier’s profits, adoption of an appropriate integrated approach to maintenance operations in the aviation industry to date has been rather slow. Nevertheless, as the competition in the MRO segment intensifies along with the growing global fleet, more and more players are expected to focus [...]
According to industry experts, for numerous reasons around 10-15% of all GH services rendered are not listed on a final invoice. Needless to say, it may translate into significant losses for a service provider. However, specialized interactive business management systems now available to GH service providers may become the long-awaited solution for many industry players. Based on the findings of [...]
In mid-November 2014 the UAE’s low-cost carrier flydubai issued its first Sukuk – a Sharia-compliant financial certificate – raising over USD500 million to support its further growth and refinance current obligations. The five-year-deal received over USD3 billion in orders with 3/5 of investors from the Middle East. While clearly indicating the growing investors’ confidence in the airline industry, the deal [...]
The global helicopter market has been growing for quite a while now with the demand for VIP choppers further accelerated by the recovering business environment and the expanding circle of the rich worldwide. However, even the rich are cost-conscious thus forcing operators and MROs to seek cheaper solutions without compromising high service quality. Air travelling in style has been on [...]
As the demand for air travel keeps rising, the majority of experts agree that the future of the industry is looking bright. It is forecasted that by 2016 aviation will have injected more than $ 1 trillion into the global economy and created (directly and indirectly) almost 70 million jobs worldwide. Ironically, as concerns qualified workforce, ensuring safety of operations [...]
FL Technics, a global provider of tailor-made aircraft maintenance, repair and overhaul services, continues to expand the scope of its activities in the global market. Following the expansion of its total hangar capacity to over 30 000 sq. m., the company‘s management has confirmed plans to introduce Airbus A330 aircraft type to its EASA Part 145 certificate. The certification is [...]
The rising MRO costs continue to be the reality of aircraft operators all over the world. According to IATA, over the past decade airlines have experienced an annual increase in spare parts prices of around 3-5% per annum. As a result, today maintenance materials and parts account for about 4% (roughly a total of $120 million) of total air carriers’ [...]
For quite a while now the global MRO industry has been generating an extraordinarily high demand for qualified specialists. In turn, the prospects for talent in the field have reached new heights placing aircraft mechanics on the list of top 200 most desired careers and winning them the 10th position on the top 20 High-Paying Blue-Collar Jobs. However, despite the [...]
