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. 

IATA MRO SmartHub Connector module bronze package free of charge until the end of March 2023 to all airlines.

 

If you have an account already: sign-in here and request access to the Connector Airline Campaign. 

If you are not yet registered: register here. After signing-in, you can request accesss to the campaign. 

Modules of MRO SmartHub

 

Evaluator

Evaluator

Provides Fair Market Value and detailed statistics for surplus parts.

Auctioneer

Auctioneer

Process multiple auction lots with the full support of evaluation functionalities.

Connector

Connector

Eases trading with preferred partners through a distinctive trading channel.
Consignment

Consignment

Minimal effort to handle multiple consignment inventories and decide on best pricing.

Companies Involved

 

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