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During a recent DLD conference, Scott Galloway, founder of a benchmarking and education firm L2, shared an insight that the global e-commerce companies are either going to open stores or go out of business. For instance, Amazon can be expected to decline in value mostly due to its ineffective logistics system, which involves shipping products
The importance of spare parts trade in modern commercial aviation industry cannot be overstated. In fact, data provided by ICF SH&E indicates that the spare parts market has grown by over $5 billion in 12 years’ time, currently accounting for almost a half of the overall MRO market. Moreover, the carriers are increasingly adopting an
Recently an engine nozzle made aviation history by becoming the first 3D printed part certified by the US FAA to fly inside General Electric’s commercial jet engines. The metal component will first be retrofitted on more than 400 currently adopted GE90-94B jet engines, used mainly for Boeing’s 777 airliners. The next phase will see printed
In the beginning of 2015 the aviation world entered the long-awaited A350 era, as Qatar Airways inducted the first A350-900 aircraft into its fleet. Similar to its competitor – Boeing 787 – the A350 brings not only new opportunities, but also a significant amount of new technologies to market. As a result, with almost 780
The value of predictive maintenance is already well recognized by the biggest players in the industry. For instance, Airbus’s Aircraft Maintenance Analysis (Airman), used by 106 customers, constantly monitors health and transmits faults or warning messages to ground control, providing rapid access to maintenance documents and troubleshooting steps prioritized by likelihood of success. Meanwhile, Boeing’s
Recently the Indian MRO association has addressed the government demanding to place the spare parts import for the aftermarket sector under the ‘deemed exports’ category, enabling service providers to benefit from a tax holiday, thus easing up the intensive logistics of aftermarket spare parts. Despite the constant complaints voiced by airlines and MROs worldwide, import