E-commerce company Aerospan (Hall 4, J20) is officially launching its service at Farnborough 2000. The company is rolling out its technical procurement option and is currently undertaking testing with a major unnamed international airline. Aerospan promises to improve users' profitability by making procurement easier, reducing their inventories and lowering prices for goods and services.

"Our recent research and economic modelling shows that airline profitability will increase by approximately 26% due to the cost-savings we will help customers achieve," says Hal Chrisman, senior vice-president Marketing and Business Development, Aerospan. "The launch of Aerospan's technical procurement solution represents a major step toward Aerospan providing these benefits to the air transportation industry."


Aerospan is creating an e-marketplace specifically focused on meeting the needs of buyers and sellers. Launch customers have the opportunity to join its Advisory Council, which represents the whole air transport industry. "By focusing on customer needs we intend to continue to lead and shape the future of business-to-business e-commerce across the air transport industry. We have a business model focused on delivering value to our customers and are here for the long term," concludes Chrisman. Aerospan is a joint venture between IT specialist SITA and US aftermarket supplier AAR. The service was announced at the Singapore airshow in February, but faces stiff competition from a growing number of e-commerce start-ups in the industry

Source: Flight Daily News