Investment research by UBS published this month shows a marked increase in both used business aircraft available for sale and in delivery positions for sale. The investment bank’s conclusion is this: “We believe the deterioration…and decline in flight activity presage what we think will be a significant slowing in new order activity.
Aviation parts supplier Turbine Engine Consultants (TECI) has announced the availability of a consignment program called Excess Inventory Management (EIM). Joplin, Mo.-based TECI (Booth No. 5321) owns a 75,000-sq-ft climate-controlled warehouse for EIM inventory. The facility includes multiple loading docks and makes use of a variety of shipping methods, the company said. Founded in 1991, TECI
A new aftermarket support organization has been formed as a recommended solutions supplier for Airbus Spares Support and Services. Called the Blue Sky Alliance, the new group brings together Netherlands-based Avio-Diepen, Germany’s Interturbine Logistik and Satair of Denmark, which can provide a single point of contact for aftermarket space in all consumable material, expendables and standard hardware materials.
Parts supplier Turbine Engine Consultants (TECI) has announced the availability of a consignment program called Excess Inventory Management. TECI says EIM gives customers an easy, reliable and profitable solution for excess and surplus inventory. TECI owns a 75,000-sq-ft secure and climate-controlled warehouse for EIM inventory that has multiple loading docks and a variety of shipping methods.
If you have excess inventory sitting in your hangar, Turbine Engine Consultants (TECI) of Joplin, Mo., has a solution. The aviation parts supplier has introduced a consignment program called excess inventory management.
Embraer has introduced Tool on Time, a material solutions program that offers an inventory of more than 130 maintenance tools and ground support equipment to customers in Europe, Africa and the Middle East.
In July 1998 there were 750 used jets for sale and today there are more than 2,000. Pessimism swapped places with exuberance in early 2001 and jet values came crumbling down. This year proved to be slightly different in terms of price degeneration, which on many aircraft seemed to occur at a slower rate than last.
Through the end of the month, Raytheon Aircraft Parts Inventory and Distribution Co. (Rapid) is conducting a sale on some 46,000 part and kit numbers for Beechcraft and Hawkers in an effort to reduce $80 million in excess parts inventory, the company said. Customers can use Rapid’s Web site at raytheonaircraftparts.com to conduct a parts search by aircraft type, part number, part description or download the entire parts list.
After gold hit $1,000 an ounce last month and oil reached $110 a barrel on the same day, financial markets continued to experience the turmoil that started the year. All the doom and gloom causes one to take an introspective look at the health of the aircraft sales market. So far, the biggest angst that might be plaguing industry participants is survivor’s remorse as this sector seems to be navigating the economic malaise with aplomb.
Cessna announced a new satellite-based, centrally managed parts inventory system for its Citation service centers. The system allows each center easy access to inventory availability at any Cessna-owned facility; previously, each center managed its own inventory. Separately, the Wichita-based aircraft OEM conducted a two-year study of repeat orders to establish sufficient inventory requirements for the most sought-after parts.