In a changing aviation landscape demand has consistently outpaced production, Locatory.com CEO, Toma Matutyte, notes, "Our data suggests that the drive for lean MRO will continue across an extended and agile aftermarket. As aircraft retirements are pushed out and demand outpaces production, the total forecasted quantity remains unchanged.
The average age of aircraft in service is 12 years, with an average forecasted retirement age of 22 years. This industry shift underscores the paramount importance of agile asset management. The forecasts predict a staggering increase in shop visits and engine overhauls for 2024, necessitating the strategic application of technology to meet this burgeoning demand."
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
ACFI Annual Conclave 2024 premier event for India's booming air cargo industry
The Air Cargo Forum India (ACFI) held their Annual Conclave themed “Unlocking Potential Paving Way for a Developed India” in New Delhi. The event aimed to foster collaborative brainstorming sessions to unlock the potential of international and domestic freight movements.
HYDROGEN FLIGHT LOOKS READY FOR TAKE-OFF WITH NEW ADVANCES
The possibility of hydrogen-powered flight means greater opportunities for fossilfree travel, and the technological advances to make this happen are moving fast.
SHAPING THE FUTURE OF ICAO An interview with ICAO Secretary General Juan Carlos Salazar
In 2023 we began an ambitious three-year journey to ensure ICAO is fit for the futureOur goal is to become more results-driven with a people-focused culture and way of working.
INDIAN NAVY BIDS FAREWELL TO UH-3H HELICOPTER
Indian Navy bid farewell to the UH-3H helicopter after 17 years of glorious service during a de-induction ceremony held at INS Dega, Visakhapatnam on 28 Jun 24.
FINNAIR remains committed to optimising its operations for the benefit of customers...
In an interview with Aviation World, Mr. Anupam Vig, General Manager - India, Finnair highlights plans to cater to the growing demand from India. Excerpts:
"OUR CORE HAS BEEN TRAINING AND WE STRIVE TO PRODUCE THE SAFEST AND BEST PILOTS," KHUSHBEG JATTANA, GENERAL MANAGER, SIMAERO INDIA
International pilot training and flight simulator provider, Simaero, recently announced that it will invest $100 million in India to train up to 5,000 pilots over the next five years.
"The demand for small to mid-size aircraft is quite high in India, especially in the charter segment"
In a candid interview, Rohit Kapur, President of Sales Asia Pacific, JetHQ briefs Vishal Kashyap, Managing Editor, Aviation World about the current status of Business Aviation in India, the projections and the much talked about fractional ownership. Excerpts...
We have seen a large growth in the aerospace segment in last decade...
Telangana is one of the most successful state of India which has largest number of foreign OEMS working under Make In India initiative.
Optimising Airport IT Infrastructure with Innovation and Efficiency
For an airport's operations to thrive, a multitude of variables need to fall into place seamlessly in its IT infrastructure.
HUGH AITKEN
“India has grown to be one of our top markets at Skyscanner. We have seen spectacular growth coming for both International and Domestic travel, with international bookings via Skyscanner +121 per cent ahead of 2019 levels and Domestic bookings +639% above 2019 levels. In the first week of January 2024 alone, India saw an increase of 35 per cent in searches when compared to the same period in 2023.
