Inventories of used turbine helicopters have been building since the middle of last year, “but now appear to be stabilizing, albeit at record-high levels,” UBS Investment Research noted in its first turbine helicopter inventory report. According to UBS aerospace/aviation analyst David Strauss, about 1,010 helicopters were on the market at the end of last month, including 974 used models and 36 new delivery positions.
Supply chain management
Global parts supplier STAG (Specialist Technologies Aerospace Group) is on hand at the Paris Air Show (Hall 2B Stand E101) to explain its supply chain optimization program. The UK-based company, which has SpecTech divisions in the U.S.
Business aviation investor consultant Brian Foley Associates is seeing signs that the pre-owned business jet market could bottom out as early as this summer. “That’s not to say there’ll be an immediate decrease, just that [pre-owned inventory] won’t get much higher,” noted company president Brian Foley.
Business aviation investor consultancy Brian Foley Associates is seeing signs that the pre-owned business jet market could bottom out as early as this summer. “That’s not to say there’ll be an immediate decrease, just that it won’t get much higher,” noted company president Brian Foley.
Two separate analyst reports issued this week by UBS Investment Research and Brian Foley and Associates note that business jet order backlogs are at increased risk due to rising pre-owned inventory and recession. According to UBS, pre-owned bizjet inventory now stands at 16 percent of the in-service fleet, climbing 2 percent last month alone and 65 percent above prior-year levels.
San Antonio, Texas-based M7 Aerospace (Booth No. 740), a group of aerospace-related business units created from the assets of the former Fairchild Aviation Corp., recently expanded its role as an outsourcing provider through its supply-chain management organization.
BBA Aviation engine repair and overhaul companies Dallas Airmotive, Premier Turbines and International Turbine Service have been granted Importer Self Assessment (ISA) certification by U.S. Customs and Border Protection (CBP), a branch of the Department of Homeland Security.
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.
In these times of high fuel prices, currency worries and looming recession, it is worth taking a hard look at how the efficiency of the supply chain can be improved. It doesn’t take long to discover that despite all the hyperbole and rhetoric over the past decade from consultants and IT “solution providers,” many in the aerospace industry feel they’re not getting the return on investment they expected.
ThyssenKrupp has merged Apollo Metals and Aviation Metals into its aerospace supply chain management business, thus giving it the capacity to offer global materials services ranging from “just-in-time delivery of processed metals” to “finished parts kitting,” the company said. Newly named ThyssenKrupp Aerospace employs 1,000 people at 30 service centers across the world.