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Locatory.com to provide access to IATA Financial SIS Platform to improve global spare parts supply processes

2020-09-09 / 2 min

Locatory.com, an IT company supporting the aviation industry with IT-based Supply Chain Optimisation solutions worldwide has signed an agreement with the International Air Transport Association (IATA) in order to provide the IATA Financial SIS platform to increase the efficiency of its aftermarket services. The IATA Financial SIS platform is an electronic invoicing solution facilitating the

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Meeting the demand for B777 spare parts: an aftermarket dilemma

2020-09-09 / 3 min

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

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Can OEMs lose the battle for the aftermarket?

2020-09-09 / 3 min

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

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Will the early retirement trend cause deflation in the spare parts market?

2020-09-09 / 3 min

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

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Leasing companies as the new players on the aircraft parts playground

2020-09-09 / 3 min

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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Surviving in the aftermarket: challenges for the new generation of regional aircraft

2020-09-09 / 3 min

With airlines still struggling to battle oil prices while trying to optimize their passenger traffic and route networks, aircraft manufacturers are faced with the demand for new, more cost efficient generation of regional aircraft. Yet, the leading producers of regional jets are not the only ones that have decided to modernize their products: the new

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