by means of several conservative estimates.

by means of several conservative estimates, surplus spare parts are tying up more than $10 billion in capital among the world's airlines, or around twice the amount of cash that the US control made available to bail not at home the entire US airline industry after the clan 11 terrorist attacks.

The advent of e-commerce just-in-time replenish chain management and faster OEM and MRO circle of time times has helped somewhat, "but on and large the aged practices persist," says Kevin Michaels, institutor of Ann Arbor, Mich.-based AeroStraregy and co-author of a 1995 meditation that found enormous

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