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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
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