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Bloomberg just published an enthralling article about Boeing’s strategy behind whether or not they should refurbish older used airline parts. The article first explains the situation, goes into an industry overview, then defines the problem/opportunity, goes into examples and lastly their competition. Here’s a summary:
There are “potential riches in the aircraft that land in aviation’s junkyards as airlines ditch older jets for models that burn less fuel”. Also, Boeing is the world’s largest plane maker and so they may be in the market for a salvage company that recycles engines, landing gear and other components from scrapped jetliners.
Right now Boeing is in the maintenance, repairs and spare-parts business which has been profitable but they have been contracting out the dismantling of used planes that Boeing buys so this part of the business is what Boeing is considering adopting.
There’s a $3.2 billion market for used parts and this figure is growing since airlines commonly discard planes way before their 30-year service lives.
Some of the companies that Boeing might have looked at acquiring in their desired space are Aircraft Demolition LLC and AAR Corp. Also, it was reported that in January of this year, Fort Lauderdale raised $500 million from clients
In terms of problem/opportunity there’s risk that if Boeing deals used parts at a price that’s as much as 50% cheaper, and is certified to be as good as new, their new aircraft parts sector will suffer the consequence. Considering that 6,000 jetliners are expected to be driven out of service over the next decade due to improvements in fuel savings engineering, refurbished jetliner parts might help Boeing keep older air craft afloat longer.
We’ve posted a few articles on the shift towards greener skies, here are a few hits:
We hope you enjoy them and please, let us know what you think on Twitter @GreenHaloUSA
We said that orange juice wasn’t an eco-friendly beverage option, and now it’s been shown that the consumption of orange juice was recently at an all time low at the lowest amount of sales since 2002! The Florida Department of Citrus found orange juice sales was at its lowest level since 2002 in the 4 week period that ended July 5th.
Orange juice prices went up a few years ago because the Asian citrus psyllid bug caused a decline in citrus production. In addition, consumer tastes have shifted to enjoying other beverages like acai juice, green juice, coconut water and blended coffee drinks to name a few things.
What will happen to the demand of orange juice and could a decrease in the amount demanded bring a more eco-friendly nature to the industry?
Algae blooms in Lake Erie, one of the five Great Lakes in North America that borders Canada, Ohio, Pennsylvania, New York and Michigan and contaminated Toledo, Ohio’s tap water to a scary point. Phosphorous and nitrogen from farm runoff, livestock runoff, and sewage systems make the algae in this lake bloom, it’s also a shallow, warm lake that also contributes to algal growth. On Saturday, August 2nd, 2014, the City of Toledo put an alert warning people not to drink or bathe in the water from the city water supply which affected about 400,000-500,000 residents.
The toxin is called microcystin which is produced by the algae microcystis. This toxin causes skin rashes, may result in vomiting and liver damage if ingested. The U.S. EPA and the Ohio EPA showed that the toxin returned to safe levels just a few days later but the issue is “too close for comfort” according to the Toledo Blade.
This eco-friendly gadget is available for sale on Amazon.com, we came across it while looking for places that accept used razor blades. This save a blade shaves down razors so that they are sharp again reducing the amount of expensive, metal crafted razor blades that you’ll use! The product description says that 1 razor blade can be resharpened up to 200 times with the Save A Blade.
We often get asked about recycling used razor blades by our customers and 1 easy piece of advice is that you should check with your regular household garbage hauler to see what their policy on sharps are. Often times, they will ask you to wrap the blade up very well in tape so that people shouldn’t get cut, and that can be tossed in your recycling perhaps inside of an empty can if you have one.
Knowing how to recycle razor blades is important, for more information, please click here.
Stories about illegal waste are some of our favorites because this is one major reason why Green Halo Systems is so revolutionary. In case you didn’t know that strict recycling and disposal regulations are due in part to issues with environmentally devastating dumping like the two examples provided so far, it has played a huge part in our current waste management system.
Anyways, in simpler times some homes had a slit in their medicine cabinet to…drop their old razor blade in and let it slip behind the wood works. This sounds like something out of an Edgar Allen Poe story but it has been verified.
Well…we learn something new everyday.
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