Airlines & Chartered (Non-Scheduled) Operators
Significant progress has been made in reducing non-fuel costs, improving the efficiency of fuel use & regular process improvement leveraging operational advantage, but the challenge is on-going and central to the future prosperity of the industry.
While airlines have made significant progress in restructuring their cost base, they are often faced with a moving target. Low barriers to entry combined with national or regional deregulation, have seen new or restructured no-frills, low-cost operators (LCCs) capture a fast-growing share of regional airlineRead More >
Each year the aviation business spends huge amounts on MRO (Maintenance, Repair & Overhaul), second to fuel. The global MRO industry which was estimated at 45$ billion is expected to touch 61$ billion by 2017. While the industry is poised to grow, establishing and successfully running an MRO involves huge operational costs. It is imperative that in the interim, MRO service providers ready themselves to face a future, which is most likely characterised by capacity shortage and raising labour cost. While airline operators are primarily responsible for airworthiness of the aircraft, there is an increasing pressure on MRO service providers to maintainRead More >
Help your clients optimize their rotable repair cost & inventory levels without compromising customer service levels.Component maintenance & reliability majorly contribute to aircraft reliability. With global airlines trying to achieve and sustain at 95-98% dispatch reliability, component & engine MROs face the challenge of competitive TATs with no compromise on defect detection / fault isolation. Running a component MRO shop isn't simple, for instance engine MRO facilities under-take very challenging tasks. Their assembly & disassembly typically during a complete overhaul, is a task with high level of complication.Read More >
Every minute that a multi-million dollar piece of equipment isn’t functioning, impacts the bottomline
When an airline acquires a $200 million Boeing 787 or a $390 million Airbus A380, the goal is to keep that aircraft up and running for 18 hours a day and generating profitable revenue for as many years as possible. At the heart of that effort is the airlines' maintenance, repair, and overhaul (MRO) organization, charged with handling both routine and non - routine issues to keep that fleet up and running.
Unfortunately, today's commercial airline MRO operations still have operational efficiency as a strong challenge before them Aircraft delays cost the industry $8.3 billion annually. Maintenance and other airline- controlled issues cause 42 percent of all delays in commercial airlines.
Total airline industry net profits of $36.3 billion with an average net profit margin of 5.1% is expected by IATA for 2016 in its latest outlook. The factors driving this outcome are, lower oil prices, efficiency gains by airlines, strong demand for passenger travel and improved economic performance in certain economies including the Eurozone.
Source: Airlines International, IATA
Such service interruptions impact more than just the bottom line. Every passenger has an arsenal of war stories of being trapped on the tarmac due to a maintenance issue.
For such an industry, which incurs high capital expenses on assets, maximizing the lifetime return on those assets is critical. To maximize the returns, is vital to keep them operational. Though organizations posses the data that will help them achieve it, challenges that persists are: data not being structured & accessible, lack of good procedures & policies in place, selection of good comprehensive system which would make collaboration easier across all departments and avoid them from working as silos.
Here's how to do it.
Airlines & Chartered (Non-Scheduled) Operators
Airline being fixed cost intensive industry, cost & operational efficiency is critical for an airline's ability to compete & strive.Colossom using Ramco Aviaiton address the need of airlines (Scheduled, Non Scheduled & LCC's) to manage, improve and expand their business processes to maximize productivity at lower costs by improving visibility and control across departments. The pre-built solution focuses on enforcing discipline by channeling consistent information across business functions to help improve decision-making.
The global MRO industry which was estimated at 45$ billion is expected to touch 61$ billion by 2017. While the industry is poised to grow, establishing and successfully running an MRO involves huge operational costs. Aviation MRO remains a highly effort-intensive service business, sustaining on maintenance of aircraft. Additionally,OEM's are shifting their focus towards maintenance free machines. This helps operators and service providers to achieve zero inventory and shift to "Just In Time" strategy, imparting pressure on MRO's in providing aggressive TAT to their clients. Every single TAT violation adversely impacts the projected revenue. In such a scenario, investing in technology that leverages MRO's with higher automation of maintenance & repair processes seems to be a good bid. Ramco Aviation's M&E/MRO Solution for MROs coupled with Colossom's consulting team helps address the major challenges that Aviation MRO Industry faces.
- Of the total cost incurred by organizations for spares and inventory, 43% is accounted to Engines & 40% is accounted to other rotables.
- Of the maintenance reserves paid by airlines, 76% is accounted to engine LLP's.
Source: IATA, MCTF Group
Help Your client's optimize their rotable repair cost & inventory levels without compromising customer service levels.
In order to assist organisations in developing or modifying their internal processes - boosting their productivity and efficiency, effective business consulting is imperative. At Colossom, we bring in the right combination of industry know how and technology expertise helping them achieve their business objectives.Read More >
Implementing a new system or migrating to a new one, calls for industry know how and requires thorough understanding of application and technology. We, at Colossom, have mastered the art of implementation.Read More >
A large number of software products are available in the market for commercial aviation maintenance, repair & overhaul (MRO) organizations to buy. Further, MRO software industry is turning out to be dynamic and constantly changing. With the relevant market expertise we possess, Colossom can support your organization on evaluating the right product suiting your operational & business requirements.Read More >
Migrating to a new system involves complete understanding of both the source & target systems which are usually heterogeneous, to map and transfer data. At Colossom, our SME's provide cost effective migration solutions with minimal impact on client's business operations.Read More >
Data Audit Consulting
Regulatory bodies, regulators perform periodic & surprise audits helping service providers sustain their safety standards. With tech boom, while there are enough options available in market which would help organisations to go paperless, aviation being a safety apprehensive industry, is allowing the organisations to only inch.Read More >
We offer Operational Analytics and Consulting Services for various business processes in Aviation ecosystem - Airline and MRO Maintenance & Engineering, Supply Chain, Airport Operations, Aviation Finance, Revenue Management and more.Read More >
En effictive support post implementation encourages higher user adoption and embracement of the system. It also provides a higher dimension of satisfaction to the management for the investment made. Our efficient support and quick resolution of issues, brings confidence in the users and the organization on the implemented solution.Read More >
Implementing a comprehensive product like Aviation suite, can trigger few customizations based on organisation's business needs and regulatory norms . At Colossom, we specialize in providing Bespoke Solutions around the product as per customer requirements.Read More >
Ramco's Global Customers are
Ramco Aviation Webinar - Next-Gen Way of running Aviation Maintenance
RAMCO Corporate Video - Quick Overview
Drone collision threat is a top priority
From January 2013 to June last year, 856 reports from seven official sources were found through IATA's research, with one suspected and one confirmed collision included. Almost 90% of reports were from North American sources.
There was no link between the likelihood of a near collision and distance from the airport, and almost half of the
Industry outlook gets brighter for 2015 and 2016
It is estimated that $4 trillion to $5 trillion will be needed to buy the aircraft necessary for growth in the next 20 years. Most of these aircraft will serve the booming Asia-Pacific markets and other emerging economies. At the same time, it is estimated that 75% of the world's airlines are at least majority owned by the private sector. So, if airlines are to continue creating value for the global village, it is essential to make the sector attractive to the private investor who will provide the capital. At the moment, it isn't. Financially-speaking, it never has been.
Digital commerce and API first
2000 was designated "World Mathematical Year". But brilliant minds and complex equations probably wouldn't have been enough to determine the extraordinary figures seen in aviation in the decade since.
Ten years ago, airlines were celebrating their seventh consecutive year of profitability. Although the gains were far from significant-in 2000 global industry gross profit was just over $10 billion on revenues of $328 billion-they were at least gains. Compare this with an overall deficit of nearly $50 billion since 2000.
Global air travel rose 5.3% in June on international routes. The deceleration, compared with a strong result in May, was largely due to slower growth in Asia-Pacific as well as some holiday impacts in the Middle East. International air freight was sluggish, expanding just 1.4%. The June result confirms that growth in air freight volumes has slowed, which is consistent with declines in trade activity, mostly in emerging markets.
3 Biggest Challenges Facing the Global Aviation Industry
IATA director general and CEO Tony Tyler spoke about this, the role that aviation plays in the global economy this morning at The World Knowledge Forum in Seoul.
In addition to noting the more than 58 million jobs and $2.4 trillion annual economic activity that the industry supports, Tyler spoke about the personal benefits of aviation. "It brings people together - families, friends and business colleagues.
Wearable devices - The new Era of Hand Free Computing
MOBILITY HAS BEEN the recent buzzword in the aviation industry and in keeping with this trend, we at Ramco, have started to look to the mobile future; including leveraging next-generation wearable devices, in order to make hands-free maintenance operations a reality. Our objective is the development of mobile MRO solutions using nextgeneration wearable devices, such as Google Glass and Smart Watch.In a world increasingly driven by technology, the aviation industry is witnessing a paradigm shift in ways of working and we believe that a
Ramco Systems VP on importance of a good IT solution
September 10, 2015
Ramco Aviation, a division of Ramco Systems, has customers such as Dubai-based Emirates Airline and Abu Dhabi-headquartered private aviation firm Falcon Aviation Services amongst its 65-client portfolio. The company's vice-president - head: aviation, Ranganathan Jagannathan, spoke to us about the importance of using a good IT system in the aviation industry and how the firm's solutions can help airlines.
Jagannathan says the main driver behind clients seeking a new IT system is to reduce costs, but other benefits
Aircraft Redelivery Optimization
August 17, 2015
In an exclusive blog for MRO Network, Chris Spafford and Neil McConachie of consultancy Oliver Wyman discuss how airlines can best optimise redelivered aircraft on lease. As a result of the delivery surge in the early 1990s, airlines are expected to retire 8,220 aircraft over the next decade, according to data from CAVOK, up 50 percent from the last 10 years. Many of these aircraft are leased and carriers must prepare for redelivery to the lessor, which can be a costly process if not planned properly. For a number of airlines, that means tens of
Internet Of Aircraft Things: An Industry Set To Be Transformed
Jan 18, 2016
Last year we saw the next generation of aircraft powered by the capabilities of Internet of Things (IoT) and Big Data hit scales that have never seen before. What does the future hold?
At last year's Paris Air Show for example, Bombardier showcased its C Series jetliner that carries Pratt & Whitney's Geared Turbo Fan (GTF) engine, which is fitted with 5,000 sensors that generate up to 10 GB of data
AerCap Considers Airbus Production Rates To Be Unrealistic
Jan 19, 2016
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Five things we learnt about airlines in 2015
Jan 19, 2016
The last year has been another dynamic one for the airline industry; headline profits and traffic are on the rise, while the shape of the industry continues to evolve through acquisitions and partnership activity.
India's airlines may cut FY16 losses by up to 72%: CAPA
January 21, 2016
India's airlines may cut their cumulative losses by up to 72% this financial year, as a decline in fuel prices and rise in demand help the carriers such as Air India to reduce individual losses and low fare carriers improve profitability, said CAPA-Centre for Aviation.
The Sydney-based consultant said the country's carriers may at their best lose $350 million, down from $1.25
|1||Airline Economics - Growth Frontiers Dublin, 2016||17 - 20 Jan||Dublin||http://www.aviationnews-online.com/dublin/|
|2||18th Global Airfinance Conference||18 - 20 Jan||Dublin, Convention Centre||http://www.euromoneyseminars.com/global-airfinance-dublin/details.html|
|3||Aviation Week - MRO Latin America||21 - 22 Jan||Lima, Peru||www.aviationweek.com/mrolatinamerica|
|4||MRO Middle East||3 - 4 Feb||Dubai||http://www.tradefairdates.com/MRO-Middle-East-M9355/Dubai.html|
|5||Aircraft Interiors Middle East||3 - 4 Feb||Dubai, World Trade Centre||http://www.aime.aero|
"Ramco Systems is part of the USD 1 Billion diversified conglomerate, the Ramco Group of companies. Ramco Systems is a rapidly growing cloud enterprise software company focused on providing multi-tenanted enterprise software to corporates in the area of HCM and Payroll, ERP and M&E MRO for Defense and Civil Aviation, with Mobile first philosophy and In-memory based Planning and Optimization engine. At Ramco, we understand that functionality alone cannot help a product succeed in today's crowded marketplace. With utmost importance to usability, Ramco has charted out a product philosophy of MUSIC-an acronym for Mobility, User Interface, Social, In-Memory and Context-aware applications. Globally, Ramco has over 150,000 users from 1000+ customer organizations. Headquartered in Chennai (India), the company has 20 offices spread across India, USA, Canada, Europe, Australia, Middle East, South Africa and APAC"