The last time used-jet offerings reachedthe current level, the number of aircraft on the market was on an ascent, whereas this time around the market continues a three-year trend toward lower ground, solidifying pricing as the trajectory dips further. It has been nearly five years since the pre-owned jet inventory held fewer than 1,600 aircraft for sale, and the reduction comes amid an ever-increasing fleet of aircraft.
Supply chain management
Heli-Mart of Costa Mesa, Calif., has bought nine MD 520Ns and a 300C previously operated by the Phoenix Police Department. An inventory of serviceable spare parts and engines, worth nearly $1.5 million, is now available for purchase.
Duplicating the superheated activity that defined the pre-owned market last year doesn’t look likely as this year’s used landscape begins to take shape. Early indications during the first quarter point to a market cooling to a more normal level. After a few consecutive years of lower-trending inventory, which as recently as January dipped below 1,600, the market has turned tail and now is closer to the 12-month moving average.
Aerospace Products International (API), a provider of distribution and supply chain services, has been chosen by Flight Options for rotables management. API’s Electronic Supply Program (ESP) will manage Flight Options’ recertification cycle. It will also handle the associated logistics required to manage its life raft and survival equipment inventories.
Gulfstream Aerospace has released three new enhancements to CMP.net, its computerized aircraft maintenance tracking program. They are a new work order module, inventory purchase order module and smart cards designed to facilitate, capture and report day-to-day aircraft maintenance activities.
Aerospace Products International, a wholly owned subsidiary of First Aviation Services, has opened its newest distribution and logistics center in Shanghai, China. Aerospace Products International (Shanghai) will enhance the product distribution services that API has provided in China since 2000 and allow API to serve as a major third-party logistics provider in the Asia-Pacific region.
Aerospace Products International (API), a wholly owned subsidiary of First Aviation Services, has opened a distribution and logistics center on London’s Luton Airport. It has developed 7,000 sq ft of space for storage and has the capacity to expand to 14,000 sq ft to meet demand. It is the company’s first dedicated operation in Europe.
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