For more than a decade, the demand for global air travel has been expanding at a rapid rate, with no end in sight. According to numbers crunching research firm Statista, in 2017 passenger demand grew by over 8%, and is expected to increase by another 7% in 2018, generating over $33 billion dollars in profits. Similar growth is projected through at least 2030, fuelled mostly by rising middle class affluence in developing markets such as Africa and Latin America. Even higher rates of growth are forecast for the air cargo sector, being driven largely from demand in Asian nations.
Keeping Older Fleet Inventory In Service
With business booming, commercial carriers are facing pressure to increase their fleets, and with ongoing delays in delivery of newer aircraft, the need to keep older aircraft airworthy and flying is greater than ever. This is reflected in the fact that engine material and aircraft parts sales exceeded $4.5 billion in 2016, and are estimated to reach $7.7 billion by the year 2026.
For the foreseeable future, finding an experienced and reliable supplier of engine parts and airframe inventory will become one of the most critical needs of your business. When you have aircraft out of service, you’re losing money, so it’s important to carefully consider who will be your fleet parts vendor.
To offer some guidance on factors you should consider when making a choice, AerSale® has made available a free white paper that outlines some of the primary points to consider when researching a regular provider of engine material and aircraft parts for sale.
A Growing Airworthiness Concern
Senior aviation officials have reported an alarming rise in the number of defective and unapproved parts making their way into the U.S. aircraft fleet, often slipping under the radar and going unchecked and unreported. Therefore it’s vitally important that every part is legally certified and fully traceable.
AerSale has earned a reputation in the industry for adhering to the highest parts quality assurance practices, and we’ve been fully accredited by the leading international governing bodies. When you partner with AerSale for your engine material and aircraft parts sales, you can be assured that you’ll receive the best quality parts along with extensive certification and trace documentation, backed up by unsurpassed customer service. And we have the track record to prove it.
Parts Availability and Installation
AerSale operates one of the largest aftermarket and OEM used engine material and aircraft parts distribution networks in the industry. We maintain a huge inventory capable of servicing most types of aircraft in commercial use, and if we don’t have the required parts in stock, we can find them, on time and at a cost which will meet your budget. We also offer a range of flexible lease or purchase programs to meet your particular needs.
Providing quality engine parts and airframe inventory is just one of the services AerSale delivers. Our state-of-the-art MRO facilities are ready to install your parts and maintain your fleet, and these services can easily be included with any purchase agreement.
A global aviation leader, AerSale specializes in the sale, lease, and exchange of used aircraft, engines, and components, in addition to providing a broad range of maintenance, repair, and overhaul (MRO) services for commercial aircraft and components. AerSale also offers asset management services to owners of end-of-life aircraft and engine portfolios. Headquartered in Coral Gables, Florida, AerSale maintains offices and operations in the United States, Europe, and Asia, including FAA-approved aircraft maintenance and repair facilities in Goodyear, Arizona, and Roswell, New Mexico, with a large inventory of airplanes, airframes, engines, parts, and technical support. In addition, AerSale Component Solutions (formerly Aero Mechanical Industries) operates a 100,000-square-foot repair facility in Rio Rancho, New Mexico, that handles both metallic and composite airframe components.
Providing global reach from strategically located facilities, the AerSale team includes over 200 employees focused on flight equipment leasing, sales, maintenance, storage, and distribution, who maintain an aircraft and engine portfolio valued in excess of $1 billion. AerSale is also committed to the highest standards of quality assurance practices and procedures, and has earned recognition and certifications from the industry’s governing bodies including FAA, EASA, ISO 9001:2008, AS9100, ASA 100, and AFRA.