Thursday, 24 April 2014

Aircraft Refurbishment : A cost effective way to upgrade your aircraft


Aircraft Refurbishment is a process of modernization of aircraft with the use of advanced technology, avionics, engines, parts etc As per the recent news of decline in the sales of new aircraft and from this it is pretty clear that aircraft renovation is better option than to buy a new air aircraft which much more costlier. In aircraft refurbishment all types of parts which not capable of handling advanced avionics are replaced. 

In today’s world the line between recognizing a new aircraft and one that has undergone refurbishment is disappearing because of the use of advanced technology. Many people’s who are the owner of aircraft they acknowledge it to be well used and may be prefer keep their old aircraft because they are pretty good in condition and if damaged then they can be refurbished at reasonable rates. In these cases owners mostly chooses upgrades of avionics, new fresh paint, and freshly styled interiors while many others also goes for acquiring an alternative pre owned aircraft.

Aircraft can be renovated mostly on the basis of its structures. 

Exterior:

As the name suggests this type consists of the renovation of the external parts such as color, design and much more.

Interiors:

Interior consists of communication technology such as Satellite entertainment, Blue ray, Wi Fi and sophisticated Flight Status Displays are now routinely installed. Of course we know that new airplanes are exciting because of the brand new gear, newer capabilities, more efficiency and safer flying which is most important. 

Even with a smaller budget and with some creative thinking we can transform our aircraft machine into an updated version which will definitely be safer and more comfortable airplane it directly means that we can get a new airplane without actually having to pay the new aircraft price.

Upgrades:


  • Seat Upgrades
  • LED Lighting
  • Seat Belts and Harnesses
  • Cabin Air Controls and Vents
  • Replacement Yoke or Stick Grip
  • New Door Seals
  • Restore Plexiglas Windows
  • New Plastic Parts
  • Micro Aerodynamics Vortex Generators
  • Seat Refurbishment
  • Rosen Sun Visors
  • Power Flow Exhaust System


Recent News:

In current scenario many countries are modernizing their aircraft's and if we looking at the ration more aircraft's are being refurbished than buying new one.

Indian Air Force is modernization its aircraft's as they are going to finish their lifespan and may be to reduce cost of modernization they looking to upgrade their aircraft's rather than buying new one. In recent news it is stated that Indian Air Force is upgrading its 120 Jaguar planes. It is shown in the figure given below.

http://www.dailymail.co.uk

There is s news rounding up that Pakistan Air Force is spending billions of dollars on the up gradation of F – 16 fighter planes.

Canada had spent $1.7 billion in upgrading their aircraft's since from 1998 and it has the plans of spending more on up gradation in coming years.

According to the recent news Taiwanese Air Force is planning to spend $5.3 billion for its aircraft retrofit program. As such there are many examples that Aircraft Refurbishment is growing with high pace.

Market Report:

Recent study of the Aircraft Refurbishment Market says that the estimated revenue for refurbishing market has increased from $3.04 billion in 2012 to $4.26 billion in 2017 globally. The Compound Annual Growth Rate of 2012 to 2017 is estimated to be 7.0%.
      


You can download Free PDF Brochure of this report @    http://www.marketsandmarkets.com/pdfdownload.asp?id=922


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