Aero engine issues for customers parts I and II - Legal and commercial issues
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Prior to the COVID crisis, the industry was suffering material engine performance issues.
Advances in technology and the amount of data created by a modern generation engine should be of benefit to all, however these advances raise new performance and anti-trust issues.
Our two-part webinar series, where we heard from leading experts including, Giles Thomas, Managing Director, Charlotte Parker Associates, Michael Downey, VP Technical, ICBC Leasing & Stephen Hayde, Technical Director, Sirius Aviation Capital, explored the performance issues the industry has suffered, their commercial consequences, and potential solutions and then examined the trends to an increasing OEM role in the after-market through “power by the hour” or “cost per flight hour” agreements and anti-trust issues.
Session 1: Recent aero engine performance problems
- Engine faults and impact of failure on operations and cost
- Lessor and airline needs and responsibilities
- Potential solutions
- Warranties and guarantees
- The role of Big Data and Artificial Intelligence in predictive maintenance
View webinar here.
Session 2: Through life maintenance
- What Power by the Hour offerings exist? When do these solutions work for whom?
- Portability for investors
- Extended warranties
- Will the IATA-CFM settlement agreement change the market?
View webinar here.
