Customers will begin to see demonstrably better product support, including hard AOG (aircraft on ground) support, from American Eurocopter by the end of the second quarter of this year, according to a senior executive for the company.
Supply chain management
SkyBooks, a unit of Textron, is adding an integrated inventory tracking module to its maintenance-tracking and operations management service. The user-managed program allows users to add, edit and track cores, bench stock and consumables in their inventories. The module interfaces directly with SkyBooks’ other features, which manage maintenance, warranty, flight operations, expenses, pilot currency and document archiving.
The good news is that the bad news seems to have subsided for the time being and business aviation’s recent negative publicity served to make aircraft that much more affordable.
Available business jet inventories dropped 2 percent last month, the second sequential decline in three months following 18 months of consecutive increases, according to a business jet report issued by UBS Investment Research this afternoon. Despite the decline, available inventories are still at 17 percent of the in-service fleet, some 36 percent higher than August last year.
The World Customs Organization has given Lufthansa Technik authorized economic operator (AEO) status based upon the company’s established customs procedures and security regulations.
Inventories of used turbine helicopters have been building since the middle of last year, “but now appear to be stabilizing, albeit at record-high levels,” UBS Investment Research noted in its first turbine helicopter inventory report. According to UBS aerospace/aviation analyst David Strauss, about 1,010 helicopters were on the market at the end of last month, including 974 used models and 36 new delivery positions.
Global parts supplier STAG (Specialist Technologies Aerospace Group) is on hand at the Paris Air Show (Hall 2B Stand E101) to explain its supply chain optimization program. The UK-based company, which has SpecTech divisions in the U.S.
Business aviation investor consultant Brian Foley Associates is seeing signs that the pre-owned business jet market could bottom out as early as this summer. “That’s not to say there’ll be an immediate decrease, just that [pre-owned inventory] won’t get much higher,” noted company president Brian Foley.
Business aviation investor consultancy Brian Foley Associates is seeing signs that the pre-owned business jet market could bottom out as early as this summer. “That’s not to say there’ll be an immediate decrease, just that it won’t get much higher,” noted company president Brian Foley.
Two separate analyst reports issued this week by UBS Investment Research and Brian Foley and Associates note that business jet order backlogs are at increased risk due to rising pre-owned inventory and recession. According to UBS, pre-owned bizjet inventory now stands at 16 percent of the in-service fleet, climbing 2 percent last month alone and 65 percent above prior-year levels.