Procure, sell, and valuate aircraft surplus parts optimally
IATA’s MRO SmartHub is a neutral web-based platform enabling airlines, MRO service providers, OEMs, and appraisers to gain a greater transparency of the surplus aftermarket plus real-time access to fair market values (FMV) for aircraft parts. Airlines and MRO service providers are expected to eliminate 10-15% of their material cost through the use of the platform.
Whilst growing aircraft fleets had propelled the commercial airline maintenance, repair and overhaul (MRO) sector into steady growth over the prior decade, the COVID crisis has created a dramatic reversal in the past year. Despite significant reductions from prior forecasts, MRO aftermarket material spend for 2020 was around $26 billion. Within this sector, demand for USM (Used Serviceable Material) is set to grow at 68% per annum through 2022 when it is expected to reach $7.9 billion.
COVID-19 response: first three months are complimentary for airlines.
Connector: No obligation to subscribe.
Evaluator: Anonymized data contribution, with no obligation to subscribe.
Modules of MRO SmartHub
Provides Fair Market Value and detailed statistics for surplus parts.
Process multiple auction lots with the full support of evaluation functionalities.
Minimal effort to handle multiple consignment inventories and decide on best pricing.
Interested in seeing MRO SmartHub at work?
Complete this form and you will receive an email giving you access to Evaluator and Connector video demos.
The key benefits of using MRO SmartHub
- Transparency without disclosing sensitive information
- Safe, neutral and unbiased valuation
- Fair market value for parts
- Reduction in material cost
- Maximizing usability of on-hand inventory
- Trading capabilities, incl. exchange, consignment, and auctioning
- True availability of surplus material
- Effortless integration into ERP systems