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VIRTUAL(LY) and CEO of Embraer Services and Support, said during a panel
discussion at MRO Americas in April this year. “You have to be
ENDLESS prognostic, you need to look into the future.”
Digitization, which is one of the most essential drivers of change
in the industry, could help airlines save more than US$5 billion
POSSIBILITIES a year by decreasing fuel, maintenance and delay costs, says
Richard Brown, ICF Principal.
The industry can cut costs by about US$3 billion a year
Carriers, MRO companies and through health monitoring and predictive maintenance.
OEMs are increasingly adopting Digitalization could result in fuel savings of US$ 1.7 billion
new digital technologies, and while reducing delays through improved turnaround process
reaping the rewards for it
and in-flight routing optimization could result in savings of
US$0.8 billion for the industry, Richard Brown.
Arun Sivasankaran
eterans in the maintenance repair Stiff Competition
and overhaul (MRO) industry With paperless maintenance becoming the norm and digital
remember a time, not so long ago, technology laying the foundation for transformation, companies
Vwhen top notch efficiency meant have been vying with each other to innovate in a bid to stay
being able to offer a solution in real time. one step ahead of the competition. Given the high stakes and
The rapid digitalization of the aerospace the rapid advances in technology, there is a growing sense of
industry and the massive amount of data urgency among every section of the industry - carriers, OEMs,
generated by new generation aircraft have MROs and suppliers – to come up with the right digital strategy.
changed the aviation and MRO landscape For MROs, the challenge is even more daunting due to the
almost beyond recognition. Real time isn’t greater involvement of OEMs in the aftermarket, and the entry
fast enough, as Johann Bordais, President into service of new-generation aircraft and engines. Many indus-
ASIAN AIRLINES & AEROSPACE September/October 2018 | 5