On-field event management: minimum impact, maximum readiness
Aviation industry is a highly capital intensive industry. In the midst of intense competition, profit margins are getting squeezed by the day. Airlines and aero engine manufacturers are striving hard to improve their profit margins. It is a fact that their profits are directly related to the operational readiness of the equipment. A potential way of improving profits, therefore, is by reducing the maintenance expenditures and downtime.
Original Equipment Manufacturers (OEM) design and manufacture the equipment with theoretically robust reliability predictions. However, the actual performance of the equipment can significantly vary from predictions depending on the operating environment and other conditions.