The world of bizjets is a great example of market economy – even the most distinctive demands here are fulfilled by the manufacturers, designers or operators. It is estimated that there are around 22 000 of unique, one-of-a-kind business aircraft flying around the globe in the current moment. Hundreds of different types, ranges and designs are great for the end-user, but it can become a real pickle for owners and operators, when it comes down to maintaining the fleet.
As it stands today, the global business jet industry contains around 15% of light aircraft, 34% of medium and over 50% of larger bizjets, according to the Bombardier data. Nevertheless, it seems that the trends are about to shift as experts agree that the share of long-range jets is about to shrink, while the portion held by light aircraft will almost triple in size as manufacturers plan to deliver over 3000 new jets to this sector.
“The tendencies are clear and we are observing them in both, private and corporate sectors. Flyers, their needs, as well as maintenance cycles of the jets themselves are very different, thus, operators and owners tend to have a diverse group of planes to offer,” explains Darius Saluga, the CEO of Jet MS. “However, such decision puts them in quite the situation in terms of MRO and spare parts supply partners – do I need one for all or should I manage all repairs at different organizations? And from our experience, the latter is not a popular option.”
With over 57% of business jet owners that operate small and medium sized airplanes opting to add a long-range aircraft to their fleet and vice versa, according to Honeywell, it is obvious that versatility is the key for MROs looking to grow operations. Having added the Bombardier Challenger 604/605 to its capabilities couple of years back, Jet Maintenance Solutions is also now looking forward to introducing Global 5000/6000, largely due to the demand expressed by current clients.
“In just a couple of years, our Bombardier client share rose to surpass the expectations, thus, we are now focused on strengthening our position within the Bombardier market and Global 5000/6000 capabilities is the next logical step,” explains the CEO of Jet MS. With over 600 of the aforementioned aircraft in service, the aftermarket support demand is quite obvious, however, what attracts the operators is the ability to maintain both short and long-range machines at the same hangar.
Bombardier Global 5000/6000 is much quicker maintained due to its sophisticated built-in self-diagnostic system which enables better data processing and quality of faults rectification, while the Challenger hangar time can stretch out. This frees operators up to plan MRO visits effectively, as well as to downsize the price.
“As we are witnessing the stable GDP growth from 2.6% in 2015 to 3.4% in 2016 and forecasted 3.6 in 2017 (World Bank data), it is inevitable that the 8100 bizjets estimated to be delivered in following decade will truly be joining the global fleet. What’s even clearer is that operators and owners alike are transforming their fleets into more diverse groups of business aircraft. This will remodel the MRO market, giving the upper hand for maintenance organizations that are more flexible and universal,” concludes Darius Saluga, the CEO of Jet Maintenance Solutions.