Innov8 brings affordable cabins to older jets
Aircraft hull values have dropped to a point where a US$500k+ cabin system replacement is not an economically sound decision, while extensive market analysis says that few aircraft owners of midsize to ultra-long-range-class aircraft built between 1995 and 2010 will spend more than $250k, or 10% of the aircraft’s value, on a new cabin management system. And then there are smaller companies and private individuals able to afford a $1.5m business jet but not a new cabin. “The business aviation industry must drive cost out of the aircraft system evolution to enable the older aircraft to continue to fly and have economic value to the owners,” says Scott Taylor, Business Development Leader at Innov8, which aims to do just that with specific, low-cost products based on latest and Wi-Fi technologies. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-10-12/general/innov8-brings-affordable-cabins-to-older-jets
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Innov8 brings affordable cabins to older jets
Aircraft hull values have dropped to a point where a US$500k+ cabin system replacement is not an economically sound decision, while extensive market analysis says that few aircraft owners of midsize to ultra-long-range-class aircraft built between 1995 and 2010 will spend more than $250k, or 10% of the aircraft’s value, on a new cabin management system. And then there are smaller companies and private individuals able to afford a $1.5m business jet but not a new cabin. “The business aviation industry must drive cost out of the aircraft system evolution to enable the older aircraft to continue to fly and have economic value to the owners,” says Scott Taylor, Business Development Leader at Innov8, which aims to do just that with specific, low-cost products based on latest and Wi-Fi technologies. <br/>
