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Sometimes keeping aircraft parts in stock to fulfill contractual obligations or seek opportunities once they arise, makes a valid business case for companies to pursue. However, if not done correctly the strategy can put unnecessary strain on cash flow and resources. Jevgenijus Petronis, Head of Product at Locatory.com, a leading online aircraft parts marketplace, provides
If a jet were to use today’s batteries, 1.2 million pounds of batteries would be required just to generate the power of the jet engine it would be replacing. This weight would effectively need an additional eight jet planes just to carry that weight! About 200 kilowatts of battery power will be needed for liftoff,
No doubt that the COVID-19 pandemic has triggered a technological advancement in the aviation industry. Given that air travel and overall aviation industry was affected in the previous year, the role of new technologies in revolutionizing air travel, cargo sector, global advancements in sustainability and autonomous transportation, in addition to new space services, satellite connectivity
For several years, industry analysts have been predicting that 3D printed aircraft spare parts will be the next great technological leap in engineering. With Oliver Wyman – a leading international management consulting firm – predicting that by 2030, 3D printing could represent a US$400 billion aviation and automotive manufacturing market, the innovative production method is
It has been predicted that the global aviation industry is expected to fully recover by around 2024-2025, fleet expansion and rising confidence is being seen across the industry, which could be the “ray of sunshine” for the civil aviation industry. Airline travel in the U.S. has bounced back from its pandemic lows, but it remains
Unlike the process of shipping aircraft parts, shipping a routine parcel like a book or a bottle of perfume is relatively easy. If all goes to plan, the parcel will be delivered in a couple of days without a hitch. However, shipping an urgently-needed and vital aircraft part may or may not be so straightforward,
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