Do you deal with any aspect of aircraft maintenance?
These key trends are must-know for the health of your operation. But "knowing" is never enough, and you must embrace the second-order consequences of such trends.
The trends are:
1. Aircraft Maintenance
Aircraft MROs are budgeting fewer maintenance work hours.
According to MRO Holdings, "instead of the 8.5 million maintenance work-hours it was planning for in pre-COVID-19 2020, they now anticipate logging 5-6 million."
So, what's the concern?
The concern is that operators who delay maintenance now could create a surge later, which will generate aircraft maintenance bottlenecks worldwide.
2. Aircraft Parts
Used serviceable material (USM), PMA, and New Surplus expendable inventory will increase as operations seek to conserve cash.
Supply in USM will exceed demand for a while, especially for widebody aircraft. As a result, the market prices for these components will continue to change as the environment of supply and demand shifts and as more teardowns occur.
Plan for prices to skyrocket for some material and plummet for others.
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3. Aircraft Engines
According to Aviation Week, "OEMs and independent MROs are seeing a slowdown in engine inductions but increased requests for engine preservation support and maintenance deferrals."
Many operators are restructuring service contracts.
Green time engines have been in immense demand since 2020; however, operators are now running out of time and require heavy checks.
The takeaway is that some customers are concerned with short-term cost savings while others focus on long-term strategies.
4. Technology Progress
Remote collaboration and virtual inspections have increased in popularity, for more than obvious reasons, the pandemic.
Aviation Week reported that "the FAA released guidance earlier this year on using technology such as cameras and video conferencing for tasks such as conformity inspections and engineering and ground tests."
"While the guidance does not exclude specific technologies or products, it does note that video quality should be sufficient for the task and provide some method of validating that whatever is being recorded is happening where and when it is supposed to occur."
Augmented Reality (AR) and Drones will also continue to develop for many areas, especially automated inspections.
Do you want instant peace of mind for all your aircraft maintenance material needs?
See how you can utilize a 24/7 Dedicated Account Management team with an aircraft material portal that delivers quick material updates, whether it's POs, ROs, or shipments, any time, anywhere in the world.
See How You Can Simplify Your Material Requirements Today