Page 6 - AAA SEPTEMBER - OCTOBER 2018 Online Magazine
P. 6

try experts are of the opinion that OEMs will look to increase  players are also expected to increasingly use
        their aftermarket share by imposing restrictions on the use of  data analytics and predictive maintenance to
        the intellectual property they own or the licenses they provide,  bring down operational costs.
        thus making it imperative for MROs to either create their own    With  many  carriers waking  up  to  the
        IP or collaborate with IP holders. According to Brian Prentice,  benefits of aircraft health monitoring and
        Oliver Wyman partner, the majority of operators and MROs  spreading the word, industry experts expect
        believe that the share of the aftermarket of OEMs will increase  it to soon become a trend globally.  Delta
        more rapidly, over the next 3 years, compared to the growth of  Air Lines’ predictive maintenance approach
        the market.                                                    resulted in 1,000 avoided engine events in a
                                                                       year and a 98 percent reduction in mainte-
        According to ICF, the percentage of e-enabled new generation  nance-related cancellations from 2010-2016.
        aircraft in the global fleet is set to increase from about 30 per-  Cathay Pacific was able to reduce Auxiliary
        cent in 2017 to 60 percent in 2027, up from about 9,000 out of  Power Unit (APU) related delay time by 51
        the total 29,000 aircraft to 24,000 out of 39,000. The consult-  percent using Honeywell’s predictive main-
        ing firm expects as many 23,500 aircraft to be equipped with  tenance trial program.
        Aircraft Health Monitoring (AHM) by 2027, a healthy growth of
        10.4 percent Compounded Annual Growth Rate (CAGR). Industry  OEMs Take the Lead
                                                                         n keeping with their size and stature in the
                                                                         industry, OEMs have been in the forefront
                                                                         of digitalization. Stan Deal, President and
                                                                      ICEO of Boeing Global Services, believes
                                                                       the company’s digital offerings, one of its four
                                                                       core capabilities, have the most potential for
                                                                       growth. “We offer a broad portfolio of soft-
                                                                       ware tools that are designed to make the
                                                                       total eco-system more efficient. We think that
                                                                       it is an area that could grow by a factor of ten
                                                                       over time,” he says.

                                                                       The  company’s  focus  on  data  analytics
                                                                       seems to be producing the desired results.
                                                                       In June last year, Boeing launched Boeing
                                                                       ... continue on pg 8


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