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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
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
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
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
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
Last Friday, 14th June, 2013 a long-range, wide-body A350 successfully took off the ground for the very first time. The A350 model comes as the latest and the most technologically advanced Airbus commercial aircraft, over half of which is made up of various composite materials. However, in an attempt to save several years while developing
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