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nance program. IFS recently conducted an opinion poll during  has recently reported that its emergence will be
        an aviation industry webinar. When asked what aspect of digital  transformative and extremely lucrative, becom-
        transformation would lead to the greatest ROI, the top answer was  ing a US$115 billion dollar industry by 2035 and
        predictive maintenance.                                        employing north of 280,000 people. AAM will
                                                                       usher in a new age of goods and cargo deliv-
        By using multivariable predictive maintenance forecasting algo-  ery and short haul and regional commercial
        rithms – powered through advanced artificial intelligence (AI) – an  travel and commuting. This will involve the use
        original equipment manufacturer (OEM), airline, or MRO can in  of technologies such as drones, and electric or
        turn collect accurate and real time information of the health of  hydrogen powered eVTOLs that can service
        every on-board system and every sensor-connected component  destinations within a city from out-of-town air-
        in their fleet. This practice is well established for engines, relatively  fields and nodes.
        self-contained units, which can produce a 30 per cent performance
        efficiency gain over traditional analytics techniques and allows for  AAM is gaining traction both privately and pub-
        a maintenance team to safely and efficiently service and maintain  licly, and investment is increasing. NASA and
        aircraft components while maximizing their life and minimizing  the Federal Aviation Administration (FAA) have
        aircraft downtime.                                             launched a joint  AAM National Campaign to
                                                                       propel a positive narrative to foster favourable
        Outside of just being applied to engines, another emergent trend  public opinion and to explore the issues to
        is moving from designed algorithms to advanced machine learning  make sure the technology is “safe, sustainable,
        models for training the AI, resulting in better results across more  accessible, and affordable”. The first certifica-
                                                                       tions from the FAA to companies manufacturing
                                                                       commercial AAM type aircraft are expected
                                                                       later this year.  AAM will yield many advantages
                                                                       to the operators that embrace it. Not only will
                                                                       it fuel a sustainable revolution within aviation,
                                                                       but will allow for the creation of a more tightknit
                                                                       and advanced ecosystem that will allow a single
                                                                       software or service to be utilized to manage
                                                                       these assets from design and manufacture,
                                                                       through operations to maintenance.

                                                                       As commercial aviation recovers from
                                                                       pandemic, industry recovery powered by tech-
                                                                       nology and opportunity is on the horizon. As
                                                                       2022 begins, aviation will face a new dawn.
                                                                       As pandemic pressures begin to subside and
        aircraft systems. IFS is already piloting this predictive approach with   flights begin to increase, towards pre-pandemic
        Icelandair, as the airline builds out strategy to be able to see the   levels there will also be an increasing pres-
        maintenance predictions down to the serial number of its aircraft   sure for businesses to automate and digitize.
        components. By analyzing data patterns, it can be seen that an   Companies can find new efficiency savings and
        individual part is expected to fail within a certain timeframe.  This   allow planes to stay in the skies longer than
        information is then proactively fed to the Icelandair planning team   ever before through the advances in state-of-
        or maintenance control for further action.                     the-art maintenance software and AI-powered
                                                                       predictive maintenance.
        By embracing the predictive maintenance opportunities AI offers,
        maintenance can be forecast forward to better predict failures and   Furthermore, new markets are set to open as
        allow needed maintenance to be scheduled when convenient. This   AAM initiatives look to redefine air travel. This
        will have advantages not just in efficiency terms, but also trans-  will not kill off traditional aviation, but rather
        lates in passenger satisfaction and revenue as more flights fly on   augment it by offering a brave new world to
        time, every time. I expect these types of programs will become   existing airline operators and MROs who can
        significantly more of common across airlines in the year ahead   find new markets and expand operations to
        and beyond.                                                    new customer bases. By embracing technol-
                                                                       ogy, airline operators, OEMs and MROs can
        Number 3:                                                      maximize the opportunity to recover from the
        The first commercial Advanced Air Mobility (AAM) aircraft type   stresses of the pandemic.
        certificates will be granted by the FAA in 2022 – as the market is
        due to grow sevenfold by 2035. Another key consideration in 2022
        is the emergence of electric vertical take-off and landing (eVTOL)  (The author is Vice President, Aerospace
        vehicles, driving the rise of Advanced Air Mobility (AAM). Deloitte  and Defense Industries at IFS)


         30 June_July 2022                                                         WWW .GBP .COM.SG/ AAA
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