The number of air passengers is expected to grow by 5.1% over the next 20 years. This, according to Locatory.com experts, naturally means that there will be a large number of new airlines being established in the process. These new players, introducing brand new business models and a fresh outlook, will promote a healthy competition among the largest and the newly established airlines, especially within the emerging markets. As a result, customers may expect a more innovative approach and much higher service quality standards.

1. 11 August, 2011 // Press release
Aviation start ups – promoting innovation or creating unnecessary competition?
The number of air passengers is expected to grow by 5.1% over the next 20 years. This,
according to Locatory.com experts, naturally means that there will be a large number of new
airlines being established in the process. These new players, introducing brand new business
models and a fresh outlook, will promote a healthy competition among the largest and the newly
established airlines, especially within the emerging markets. As a result, customers may expect a
more innovative approach and much higher service quality standards.
‘Airlines are often subjected to rapid market fluctuations that increase or decrease profits.
However, new companies, unabashed by the existing challenges, introduce new products and
services and thus contribute towards the product quality and stimulate innovative ideas through
encouraging competition. The maximum surplus value, naturally, falls to the end consumer.’ –
explains John Hoyos, Locatory.com Business Development Manager in South America.
According to Locatory.com experts, the last year’s growth in African airlines’ profits (USD 100
million, according to ICAO) was mainly determined by the newly established airlines. In the
meantime, in China, which is one of the most rapidly developing markets, such newcomers acted
as a powerful accelerator for encouraging innovations and progress within the industry. It is
worth mentioning that South America has not undergone such a vivid growth in emerging
airlines lately, however, the experts can still observe an increase in the number of innovations
and improvement in general service quality. A similar situation can be spotted in Russia where a
gradually increasing number of new players impels faster business processes among the more
experienced ones. A slightly different game is taking place in the United States where the newly
established companies are often strongly regulated by licenses and various permissions. As a
result, they are faced with the need to pay more attention to well-though-out business strategies
and attracting the right investors.
‘Not only does the introduction of new products accelerate business processes but also improves
the total domestic economy. Such companies as Virgin Blue, WestJet, Ryanair, Emirates and
several others have also once been start-ups. That is why we think it is absolutely necessary to
support the newly established companies that may one day join the list of the most influential air
carriers across the world.’ – explained Chief Commercial Officer of Locatory.com Vytautas
Vorobjovas.
According to Mr. Vorobjovas, all markets, including the aviation sector, require constant
regeneration. Otherwise they will fall into the trap of stagnation and gradual deterioration. ‘In
order for the process to move forward there must be a strong emphasis on healthy competition
and that is where new companies play an enormous role. With that in mind, Locatory.com is
introducing a 50% discount for the industry newcomers that will make it a lot easier for them to
deal with acquiring new parts and components and solving AOG situations.’ – says V.
Vorabjovas.
JSC „Locatory.com“
Company code: 302572273 Smolensko st. 10, LT-03201, Tel. +370 5 252 5500 Email: info@locatory.com
VAT code: LT100006029014 Vilnius, Lithuania Fax +370 5 252 5501 Website: locatory.com

2. About Locatory.com:
Locatory.com – an online aircraft spare parts marketplace where aviation industry experts
gather to search, buy and sell aircraft parts, promote their services and establish new business
connections in the easiest and the most convenient way. Being different from other competing
platforms Locatory.com focuses on the emerging markets. The platform is considered to be a
gateway between the evolved and the emerging markets, strongly orientated towards such
regions as Russia and the CIS, India, China, Africa and South America.
For further information, please do not hesitate to contact:
Ernesta Raulonyte
Communications Manager
Avia Solutions Group
Mob. +370 616 25348
ernesta.raulonyte@aviasg.com
Media Resources
Locatory.com – Cyber revolution– Embed Code:
<iframe width="560" height="349" src="http://www.youtube.com/embed/-xTrNaqXcSo"
frameborder="0" allowfullscreen></iframe>
Twitter Pitch: Aviationstart ups – promoting innovation or creating unnecessary
competition? http://bit.ly/LocStart #AvMRO #Aviation #AvGeeks #BizAv
YouTube Link: http://www.youtube.com/user/locatorycom
Vimeo Link: http://vimeo.com/channels/locatory
Twitter: http://twitter.com/locatory
Links: http://www.locatory.com
http://www.aviasg.com
Keywords/Suggested Tags:
Aircraft parts locator, MRO, , locatory.com, locator, aviasg, spare parts, startup, aviation start
ups, African aviation, Latin American aviation, Chinese aviation, USA aviation, airlines,
airlines start-ups
View embeddable version of this or previous releases or download via Word or PDF on Scribd
and Docstoc
JSC „Locatory.com“
Company code: 302572273 Smolensko st. 10, LT-03201, Tel. +370 5 252 5500 Email: info@locatory.com
VAT code: LT100006029014 Vilnius, Lithuania Fax +370 5 252 5501 Website: locatory.com