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Few industries stand to benefit more from the efficient and effective sharing of data among colleagues than aviation does. Aviation companies use highly complex systems, and failure to learn from…
The space market has been very competitive over the last 15 years and we have seen a dramatic fall in premium rates.
Aviation is an industry that hires, trains and supports some of the brightest, most skilled and dedicated people working today. It has to, in order to ensure that aircraft meet all safety requirements and flight departments continue to operate efficiently and effectively. That’s why there’s growing concern about the state of the aviation talent pool.
The commercial air transport industry is experiencing an unprecedented level of long-term AOG (Aircraft on Ground) issues resulting from mandated groundings and multiple Airworthiness Directive (AD) regimes, affecting both variant and new type power plants. To understand the reasons behind this, we need to consider where the industry is in terms of the large transport aircraft development cycle.
In recent years, western economies have enjoyed incredibly low levels of price inflation overall. Certain costs have bucked the trend, however, as you will know very well if you have tried renting an apartment in London or San Francisco. Another of these “outliers” appears to be the cost of repairing aircraft hull damage. So, how big is the problem and what are its causes?
The phrase “Millions for Defense, Not One Cent for Tribute” is oft cited by clients who find themselves or their company in what appears to be a non-meritorious lawsuit. In these cases, we can become enamored with our defenses and we embark on a scorch the earth litigation. We want to win, we want to tell our story, we do not want to set precedent and we want to make sure the plaintiff and the attorney know we will not give up.
The aviation sector may be on the cusp of major transformation. While it has continuously developed over the past century, new technologies are currently being developed that have potential for a transformative impact.
There seems to be general agreement in the aviation insurance industry—as in most business sectors—that automation can deliver improvements in everything from performance to profitability. But if you go beyond that high-level assessment, what do experienced professionals really think about automation? We posed some key questions to a group of industry experts.
It’s been said that, “Charity begins at home.” At Global Aerospace, we extend the meaning of “home” to encompass the communities where we operate. In our “homes” around the world,…
Aviation is an industry where learning through “trial and error” can be very costly. Missing critical threats and not trapping errors can have financial ramifications and a devastating human toll…