Estonian aviation company Rapid MRO is set to begin maintaining cargo aircraft at Pärnu Airport, as reported by Aktuaalne kaamera. With limited hangar space across Estonia and Europe, the Pärnu facility offers a strategic solution for the company’s growing needs.
The first aircraft slated for maintenance is the Saab 340, a model that’s become rare in Europe, making skilled technicians increasingly hard to find. "This year, we have six aircraft lined up for ‘nose-to-tail’ maintenance, meaning they’ll be serviced one after the other," said Oliver Loorits, head of maintenance services at Rapid MRO. The first aircraft arrives next week, and the hangar will remain fully occupied until October. The team currently includes 10 employees, three of whom are local mechanics.
Looking ahead, Rapid MRO aims to expand its services to aircraft like the ATR 72, and the Pärnu facility is capable of handling larger models such as the Boeing 737 and Airbus A320. The company has signed a five-year lease for the site.
Pärnu Airport, currently supported by state subsidies due to declining flight connections, has also been considered for privatization. Other potential developments for the site include a proposed methanol plant.
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Indian exporters are likely to face a sharp increase in freight costs following U.S. President Donald Trump’s decision to temporarily pause reciprocal tariffs for 90 days. Announced on April 9, the move lowers tariff rates to 10% for several countries, including India, but notably excludes China.
The temporary relief has sparked a rush among exporters to ship goods before the 90-day window closes, leading to a surge in demand for
container space and pushing up freight rates. Industry experts warn that freight costs could rise by double digits in the coming weeks.
According to Drewry’s World Container Index, the cost of shipping a 40-foot container rose by 3% last week to $2,265, reflecting the global impact of front-loaded shipments.
Ajay Sahai, Director General and CEO of the Federation of Indian Export Organisations (FIEO), stated, “The exporters' rush to ship consignments before the 90-day deadline is expected to lead to a double-digit spike in freight rates to the US. Post-deadline, rates could soften.”
Exporters and logistics providers remain cautious amid the volatility. Christian Roeloffs, co-founder and CEO of Container xChange, noted that rising prices at both loading and discharge points are depleting container inventories. “Our members are in wait-and-see mode, though many still anticipate a structural drop in container prices,” he said.
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Journal of Supply Chain is a Hansi Bakis Media brand.