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Despite the rapidly growing passenger flow, growing aviation industry profits and activity indicators in 2011, the forecast for next year is less optimistic. According to the most optimistic IATA expectations the next year airlines’ profits should decrease from the initially planned USD 4.9 billion to USD 3.5 billion. The biggest challenge awaits MRO service providers
At the times of the economic boom airlines celebrated the abundance of passengers without paying due attention to assessing potential risks. Nowadays the industry is increasingly embracing globalization processes and, according to Locatory.com, reliability is becoming one of the key factors in the aviation sector for both partners and clients. After all, airlines wish to
he innovative aviation spare parts search and deal making platform Locatory.com has introduced a new mobile phone application allowing an even faster access to its services. From now on the company’s clients will be able to connect to Locatory.com (m.locatory.com) directly from their smart phones and browse through an extensive database of aviation spare parts
Locatory.com experts point out that in order to win over a considerable market share in the extremely competitive and economically demanding environment the aviation sector must constantly seek for new ways of developing and expanding the existent and potential client base and increasing the rate of customer retention. The major task, however, is to determine
In the nearest future the rapidly evolving regions, such as China, India and Russia are expected to experience the highest demand in aircraft and the MRO markets. However, the Northern American and the Western European investors are reluctant to expand their businesses to the areas. Such disinclination is based on different business prerequisites, cultural barriers,
The current aviation market and internet e-commerce growth synergy suggests that by 2014 40% of all MRO companies’ deals will be conducted online. Locatory.com experts estimate that by 2020 85% of customers will be dealing with suppliers without the actual human interaction whatsoever. Although hundreds of billions are spent on MRO business each year, most
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