Sample Sidebar Module

This is a sample module published to the sidebar_top position, using the -sidebar module class suffix. There is also a sidebar_bottom position below the menu.

Sample Sidebar Module

This is a sample module published to the sidebar_bottom position, using the -sidebar module class suffix. There is also a sidebar_top position below the search.
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The Current Process

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The current process to buy and sell aviation parts and services relies on an outdated model of non-real time inventory listings, uncontrolled documentation, and manual bid/ask between the buyer and seller.  Our business combines concepts from a traditional commercial aviation aftermarket supplier with advances in cloud and blockchain technology to streamline the purchasing and selling process. We believe through the use of automated resources and large ecommerce logistics partners, the process can become more efficient and transparent for the customer. In the near future, the use of blockchain for part traceability will become increasingly important. Two of the larger OEM part suppliers to commercial aircraft, General Electric and Honeywell are developing blockchain for all of their newly manufactured components and many more manufacturers are sure to follow. The worldwide commercial aircraft aftermarket parts market is projected to grow at a compounded annual growth rate (CAGR) of 6.6% to accumulate around USD 51.14 billion by the year 2026, according to the latest research available at Market Study Report LLC.

Guiding Principals

  • Our Business

    Our business looks to capitalize on the growth outlook and the ongoing part requirements for these aircraft. The company will continually innovate while disrupting the current procurement, logistics and sale of parts using technology and third-party logistics that have proven successful during the pandemic. Transparent pricing will be available for many of the high-usage parts, cutting down on the resources of both the buyer and seller. The business will use internally developed algorithms to properly price and replenish stock. Use of emerging blockchain technology will be implemented to capture all paperwork and make it available to buyers. With blockchain, an operator can track every component of every airplane and know its full history, current status and location. Currently, only the most valuable parts – such as engines or auxiliary power units – get this level of scrutiny, but we believe as the technology becomes more readily available, more operators will come on board. Blockchain technology makes it easy, fast and inexpensive to keep tabs on all inventory.

     

  • Our belief is the current model of selling aircraft parts is archaic and error prone. The search for the best price makes the industry opaque to the buyer. The best price, in fact, may not meet the buyer’s quality or condition requirements. Additional time has to be invested in the service bulletin status, airworthiness directive status, life remaining on the unit, shop used, data of tag and last certificated entity

     

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