Heli-Mart (Booth No. 949) has nearly doubled its MD 500 parts inventory and its affiliate Phoenix Heliparts, a Part 145 repair station, has moved into a new 40,000-sq-ft facility in Mesa, Ariz. Phoenix Heliparts is part of the MD 500 Total Support Group, which includes Heli-Mart and California Aero Components.
Aircraft spares specialist AAR is offering a cost-effective parts inventory management program to relieve airlines’ cash flow headaches. “There’s no question airlines in this region are looking for ways to streamline their inventory cost structure,” said AAR’s vice president of sales for the Aviation Supply Chain Group in the Asia-Pacific region, Paul Richardson.
Customers will begin to see demonstrably better product support, including hard AOG (aircraft on ground) support, from American Eurocopter by the end of the second quarter of this year, according to a senior executive for the company.
CRS Jet Spares is moving inventory to Europe to bolster support for its international customers. Inventory will include Gulfstream, Challenger, Falcon, Learjet, Beechjet, CRJ and Hawker parts. The company will also continue its 24/7 AOG support commitment to its international customers.
JPMorgan’s latest business jet monthly report, released yesterday, indicates that October was another month of modest improvement in aircraft demand and utilization. Further, pre-owned business jet inventories fell for the third straight month, “and the peak for this cycle now seems more firmly behind us, but they remain at very high absolute levels,” noted JPMorgan aerospace analyst Joseph Nadol III.
SkyBooks, a unit of Textron, is adding an integrated inventory tracking module to its maintenance-tracking and operations management service. The user-managed program allows users to add, edit and track cores, bench stock and consumables in their inventories. The module interfaces directly with SkyBooks’ other features, which manage maintenance, warranty, flight operations, expenses, pilot currency and document archiving.
According to a monthly business jet report issued by JPMorgan this week, the pre-owned market recovery continues though new jet demand is expected to lag.
Fort Lauderdale-based CRS Jet Spares is in negotiations to add facility space in Hong Kong. “We’ve been studying the Asia market for three years and we feel the time is right to make the move,” CEO Armando Leighton told AIN. The company is currently moving inventory to the West Coast so the Hong Kong facility can be quickly stocked once it is opened.
Available business jet inventories dropped 2 percent in August, the second sequential decline in three months, following 18 months of consecutive increases, according to a business jet report issued by UBS Investment Research. Despite the decline, available inventories are still at 17 percent of the in-service fleet, some 36-percent higher than August last year.