A report issued by Global Industry Analysts predicts the worldwide maintenance, repair and overhaul (MRO) market will reach $55.2 billion by 2015. The recently released report, “Aircraft Maintenance, Repair And Overhaul: A Global Market Report,” suggests the world market for heavy aircraft maintenance is poised to grow at a steady pace through 2015, with engine overhauls expected to expand most rapidly in the Asia-Pacific region.
Following a trend that began three months ago, the UBS Business Jet Market Index moved up again this month, signaling that used jet sales may be on a rebound. Although the index is still in negative territory, this “reflects a slower pace of deterioration,” according to the UBS Business Jet Survey released yesterday.
By next year, the Helicopter-International Working Group (H-IWG) plans to submit to ICAO a framework for a set of international criteria for the classification and qualification of flight simulation training devices (FSTD).
NetJets Europe has introduced into its workforce the first nine new pilots to complete its ab initio training program. The pilots joined the company’s flight crew roster in November and December, having graduated from the course run for the fractional ownership provider by Oxford Aviation Training in the UK. A further 38 ab initio pilots are due to graduate this year, followed by 21 more next year.
Rapid growth at Precision Aviation Group’s two Canadian subsidiaries prompted the addition of a new facility in Vancouver, British Columbia. The newly opened 15,000-sq-ft facility consolidates two locations, one at Vancouver International Airport and the other in Surrey, both of which had reached maximum capacity, according to Precision Aviation president David Mast.
Boeing yesterday announced that the FAA has approved the 787’s scheduled maintenance program, marking a particularly noteworthy accomplishment for an airplane billed as 30 percent less expensive to maintain than any “comparable product.” The company bases its claims on projections for the performance of the 787’s composite structure and highly integrated systems architecture, which, it says, allow for fewer maintenance tasks and longer time i
Prestige Jet, the Abu Dhabi-headquartered business aircraft charter operator that operates from the newly named Abu Dhabi City Airport, announced at the show yesterday that it would become part of a new wide-ranging holding company, Prestige Holding.
A casual glance at the item exhibited by Tesla Industries (Stand No. 723) could lead to the conclusion that it is a single-product company. That may be true in the broadest sense because its product catalog mostly lists ground power units that are similar in appearance, but all are notable for being one-man portable.
The issue of composite repair has grown in significance with the wider use of the material in airframe construction. GKN Aerospace says it has developed hot bond heater mat technology into a highly efficient composite repair process applicable to many repair tasks.
GKN Aerospace has developed a new repair process allowing hot-bonding of composite structure inside an autoclave. Autoclaves are used to manufacture complex composite parts by using heat and pressure to cure the components in a controlled environment. Repairing composite parts in normal atmospheric conditions requires costly specialized materials.