Gediminas Žiemelis discusses key insights on the global aviation market, highlighting the growing adaptation of the ACMI model for aircraft fleet management.
Gediminas Žiemelis, founder and chairman of a prominent aviation group, has shared his insights regarding the aviation sector with a vast audience on social media. He emphasizes that the ACMI model, which stands for Aircraft, Crew, Maintenance, and Insurance, is becoming a prevalent tool for managing aircraft fleets. His observations point towards a trend where airlines are adapting to this operational model to better respond to market challenges and streamline their operations.
Despite a recovery in the aviation sector, Žiemelis expresses concern about a persistent shortage of aircraft. He notes that major manufacturers like Boeing and Airbus have had successful years, with Boeing returning to profitability and Airbus exceeding its production targets. However, he highlights that approximately 3,400 planned narrow-body and 1,400 wide-body aircraft have not been manufactured since 2018 due to supply chain disruptions and quality assurance issues, which continue to affect the market.
As a direct consequence of these delays, airlines are extending leases on older aircraft while maintenance companies are seeing an uptick in orders. Žiemelis's insights are valuable, considering both the competitive landscape of aircraft manufacturing and the operational needs of airlines struggling with fleet management amid a complex recovery period. His analysis is further explored through his social media platforms, including YouTube and LinkedIn, where he continues to engage with aviation enthusiasts and professionals alike.
