16 Mar 2017
The reliability of aircraft parts is important for the safe operation of every flight and airlines are scrambling to sign up to long-term component support agreements with various specialists.
Jetstar Pacific for instance, one of Vietnam’s biggest low-cost carriers recently signed such an agreement [its first] with AFI KLM E&M to support its fleet of A320s. The contract covers component support and repairs plus access to a local spares pool located at Ho Chi Minh City.
STS Components Solutions capabilities also vary greatly depending upon the customer, region, or challenge at hand. “With the aviation landscape constantly evolving, we develop both long term and short term strategies which provide our customers multiple options as market conditions change throughout the life of a component programme. Our tailored approach to each request is truly the foundation of what differentiates STS Component Solutions from our competition,” declares Tom Covella the Group President at STS.
Boeing 737NG inventory including rotables are seen to be of considerable demand. “Over the years, we have become an industry leader supporting this platform [737NG] and it has been a pillar of our success since our inception,” Covella says. He adds that the company is continuously evaluating the aftermarket, component reliability and inventory solutions to support its network of customers. “With increased component commonality with the 737Max, we are expecting similar demand over time which will be offset by airline surplus and the tear down market."
Daniel Watson, Chief Commercial Officer at AJW Aviation states the drive in 737NG rotable market value, is down to healthy demand for ‘ready-to go’ units on the shelf. Although rarely on-shelf for long. “Irrespective of the relatively large number of aircraft currently being parted out, in comparison to the last two years, the value of core airframe material remains relatively high in the marketplace,” Watson adds.
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