Associated tags: Maintenance, Airline, MRO, Boeing, Aircraft, IATA, Aviation, Airbus, COVID-19, Safety, MAX, Maintenance (technical), Insurance
Locations: VILNIUS, LT, INDIA, IRELAND, RUSSIA
Retrieved on:
Wednesday, September 27, 2023
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Maintenance (technical),
Airline Chairman of Avia Solutions Group Gediminas Ziemelis shares his predictions regarding the areas where AI in aviation will make a massive difference.
Key Points:
- Chairman of Avia Solutions Group Gediminas Ziemelis shares his predictions regarding the areas where AI in aviation will make a massive difference.
- Artificial Intelligence can use both real-time sensor data and predictive historical fault patterns to reduce downtime and overall costs of maintenance.
- Could an AI model have prevented the suicide-by-pilot disaster of Germanwings Flight 9525 that led to the death of 150 people?
- An AI solution could help the company quickly locate and ship the part to the aircraft.
Aircraft,
IATA,
747-400F,
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China Airlines,
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Western Global Airlines This means air cargo, a notoriously cyclical sector, is once again entering a period of turbulence.
Key Points:
- This means air cargo, a notoriously cyclical sector, is once again entering a period of turbulence.
- Airlines and air cargo providers are pursuing different strategies when it comes to building up their freighter fleets.
- A number of factors are affecting the choice of purchasing either new freighters or P-to-F conversions.
- That is why we are seeing significant growth in P-to-F conversions, while the delivery of new freight aircraft has stagnated.
Insurance,
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Airbus Nonetheless, this dynamic industry faces a multitude of challenges that can impede companies' efforts to enhance profitability.
Key Points:
- Nonetheless, this dynamic industry faces a multitude of challenges that can impede companies' efforts to enhance profitability.
- While several factors contribute to the aviation industry's struggles, certain key issues merit highlighting as primary culprits.
- In recent years, the aviation industry has experienced a significant drop in demand for air travel, resulting in many airlines facing financial losses.
- However, this increased debt has resulted in higher risk for lenders, leading to higher market interest rates for the airlines.
