AEROXCHANGE AND OVERHAUL SEARCH LAUNCH ALLIANCE
DALLAS, TX and LEXINGTON, KY
(January 15, 2002) Leading aviation e-business solutions providers Aeroxchange and Overhaul Search today announced a strategic alliance to make Overhaul Searchs MRO capabilities data and repair tracking services available as part of Aeroxchanges AeroRepair service. This new business arrangement will provide Overhaul Search customers extended market reach and will allow Aeroxchanges 32 member airlines access to aggregate pricing data and repair tracking information on over 1 million repair capabilities from more than 400 repair facilities worldwide. The new capabilities are available now on www.aeroxchange.com
as part of Aeroxchanges latest product release, Aeroxchange 2.0.
Our partnership with Aeroxchange will have a significant mutual benefit to our customers and trading partner companies while adding value industry-wide, said Overhaul Searchs President and CEO, Justin Spaulding. Repair facilities will experience increased market exposure and business opportunities, while Aeroxchange airlines will increase the efficiencies of managing and purchasing repair services. Adding Overhaul Searchs MRO pricing data and repair status tracking system to Aeroxchanges integrated service offerings for finding, negotiating, buying, selling and managing aviation parts and services, provides customers with the most efficient online tool in the aviation industry today.
Repair administration is an important but costly part of the aviation supply chain, said R. Terrence Rendleman, President and CEO of Aeroxchange. By adding Overhaul Search services to our existing AeroRepair services, our customers can now quickly search, buy and track a wide variety of airframe, component and engine repair services across more than 600 vendors in 36 countries. This significant service component is another example of how Aeroxchange is developing web-based solutions that address the major supply chain needs of our trading partners.
As the primary provider of component MRO data for Aeroxchanges AeroRepair service, Overhaul Search will provide the following services:
Component Overhaul, Repair and Test Data
Overhaul Search will power Aeroxchanges AeroRepair service allowing their trading partners to access repair capability data such as repair sources, average cost to overhaul, repair and test parts, and average lead time estimates. Overhaul Search hosts this secure data service.
Work Status functionality allows customers the ability to track the status of parts out for repair by monitoring when the part is received, evaluated, serviced, and shipped by the repair facility. Once the part has been shipped, customers are able to directly link to the appropriate tracking system of service providers such as FedEx, Airborne Express and DHL. Work Status saves time by allowing repair administrators direct online follow-up on the repair of their parts. Additionally, airlines can view the status of repairs from multiple repair centers simultaneously.
Request for Quote Manager
The RFQ Manager is a quote management tool allowing customers to send and receive, archive and evaluate quotes via email. The RFQ Manager provides a quick and efficient means of getting pricing information and also consistently updates Overhaul Searchs dynamic pricing matrix.
Aeroxchange Ltd. (Aeroxchange) is an e-business solutions provider and e-marketplace for the global aviation industry. Based in Dallas, Texas USA, Aeroxchange is an independent company founded by thirteen global airlines and joined by 19 other airlines and hundreds of suppliers around the world. Aeroxchange offers integrated service offerings and aviation industry procurement expertise, allowing buyers and sellers to connect in real time to plan, find, buy, sell and manage their assets. Aeroxchange service solutions address the lifecycle of aircraft, from the way they are ordered, manufactured, customized and maintained to the way replacement parts are handled and ground services are organized. Aeroxchange's focus is on improving the total cost of ownership for all industry participants by working collaboratively with airlines and suppliers worldwide to facilitate information transparency and increase productivity all along the complex aviation supply chain. To learn more about Aeroxchange, please visit http://www.aeroxchange.com
About Overhaul Search
Overhaul Search is an independent company dedicated to providing the aviation industry with the most comprehensive MRO database and communication tools in the world. Overhaul Search was established in January of 2000 and is headquartered in Lexington, Kentucky. Currently, Overhaul Search lists over 1 million repair capabilities, with more than 600 customers in 36 countries. Although Overhaul Search is focused exclusively on the repair sector of the industry, the core philosophy at Overhaul Search has been to develop tools that streamline the communication process between repair centers and their customers. By eliminating unproductive phone calls such as requests for quotes and work status tracking, Overhaul Search helps customers and clients work more efficiently and save money. For more information, please visit http://www.overhaulsearch.com
Note: If you have questions about how the alliance will impact your business, please click on the FAQ's button located on the toolbar above. Once in the FAQ's section, click in the box to the left side of your screen where you will see Aeroxchange listed.