The Global Aerospace Industry has been subject of slow but steady growth over the past decade, with figures set to spike in 2017. Sector Revenues are predicted to grow by approximately 2% in 2017, with commercial aircraft backlog at an all-time high of 13,500 (Deloitte, 2017). Furthermore, an increase in air-passenger traffic, coupled with boosts in military spending, make aerospace a lucrative market where simple, cost-effective solutions can lead to billions in savings (Deloitte, 2017).
Sealants, resins, adhesives, paints, lubricants and other time-sensitive substances used in the production process make up a large proportion of industry spending. Reworking can lead to substantial losses in man-hours and aircraft on ground time (AOG), as well as obvious financial losses. External elements such as Brexit may have an unprecedented effect on the aerospace industry in the UK, the 2nd largest aerospace industry globally. This industry, as of 2016, was worth approximately £31 billion, an increase of 6.5% from the previous year (FT, 2017). It is vital for those organisations within the industry to come up with innovative measures to reduce costs, whilst maintaining the robust safety standards that the industries reputation has been built upon.
Safety in the aerospace industry is paramount. Solutions which ensure the quality of those materials used in the production process are warmly welcomed. The UWI Label not only provides users with this peace of mind, but also provides a cost-effective solution to avoiding wasted materials and man-hours and supports continuing airworthiness management and maintenance.
The UWI Label’s clear colour-coding scheme (Green is good, Red is bad) allows the user to quickly and efficiently establish the integrity of any materials used in the production process. This feature is especially applicable to those materials used within the aerospace industry that have a “Pot-Life”. The UWI Label allows the user to rest assured that any coatings, sealants and adhesives previously mixed are still safe to use. The innovative nature of the UWI Label allows those in the industry to reduce costs, safeguard their reputation and assure their customers of the highest safety standards. Ultimately, the UWI Label aims to help reduce any potential errors that may occur in such a safety conscious industry, helping to make flying safer for all.