Resembling a turbine engine, the pre-owned market in the first quarter of last year sucked wind. What a difference a year makes. All of a sudden everyone needs a corporate jet, demand that is pushing inventory levels of pre-owned stock lower and delivery dates of many new aircraft out farther. There are about 50 fewer aircraft available today than there were this time last year.
Buyers continued to roll up their sleeves and involve themselves with the used aircraft market, driving down further what has been for the last few years a vast supply inventory. The 10-percent depletion in used aircraft inventory over the last 13 months has taken a step toward assuaging the doubts of many left shell-shocked by nearly three years of market malaise.
Aviall Services (Booth No. 1437), a provider of aftermarket parts and services, reports that its Logistics and Inventory Flight Team (LIFT) program launched last fall is proving popular with customers. The goal of the LIFT program, which provides custom inventory and logistics solutions to individual helicopter operators, is to help those operators lower direct operating costs based on their individual needs.
Since diversifying into a sales dealership last year, HelicopterBuyer (Booth No. 2056) has found a new customer base that prefers to deal with a rotorcraft’s owner rather than a succession of sales brokers. President Mark Clancy said that buying aircraft into inventory pays off for both parties.
Dallas-based Aviall, which supplies parts for more than 200 aviation manufacturers, will now integrate its Raytheon Aircraft inventory into Raytheon’s aircraft parts and inventory distribution (Rapid) program. Aviall’s part listings, totaling more than 60,000 components, will further increase the quantity and range of spares available for Beech and Hawker customers.
The momentum that began to build in the used jet market late last summer is rolling into this year. Overall inventory is about where it was a year ago, but after a significant month-over-month build-up through July, sales activity heightened and just as quickly reversed direction. Between August and the middle of last month, roughly 100 more aircraft departed the market than arrived.
Dallas, Texas-based aftermarket parts and services supplier Aviall (Stand A911) has launched Operation Global Reach, a program designed to showcase the company’s best commercial practices on material and supply chain management to the world’s military market. Services include forecasting, export licensing, reverse logistics, customer kitting and other supply chain management solutions such as certification document accessibility.
Bombardier Aerospace (Booth No. 1300) is gradually building parts inventory levels at its new super-warehouse near Germany’s Frankfurt Airport and is already beating its own performance targets at the facility, which opened last December. By the end of next month, the airframer expects to have some 25,000 individual parts on the shelves, a total that could grow to 40,000.
Last month Bombardier inaugurated its 238,000-sq-ft distribution center near Chicago O’Hare International Airport. The “superwarehouse,” located less than five miles from the airport, is managed in partnership with Caterpillar Logistics Services.
Aviall of Dallas has teamed with Click Commerce to help it undertake collaborative commerce with its suppliers and customers. Aviall claims to be the world’s largest independent distributor of new aviation parts.