Aeroxchange News

Aeroxchange News

AeroBuy and AeroRepair are web-based applications on Aeroxchange’s platform designed to accelerate parts procurement and repair order management, increase supply chain transparency, improve sourcing opportunities and pricing and streamline collaboration between trading partners.

“We are excited for the opportunity to provide LATAM with an aviation supply chain network and automation infrastructure to support its current and future EDI strategy,” said Albert Koszarek, President and CEO of Aeroxchange. “By utilizing AeroBuy and AeroRepair, LATAM will yield significant savings through standardization, automation and increased visibility into its entire purchase and repair order lifecycles.”

About Aeroxchange
Created by 13 major global airlines in July 2000, Aeroxchange is a privately owned company providing software solutions that maximize efficiency across the aviation supply chain. Aeroxchange’s tailored solutions offer a seamless e-commerce experience between aerospace companies and their trading partners.

FARMERS BRANCH, TEXAS, May 5, 2021 – Aeroxchange announced today that PSA Airlines, a wholly-owned subsidiary of American Airlines, has selected AeroBuy® and AeroRepair® to increase supply chain transparency, accelerate order fulfillment and improve trading partner collaboration.

AeroRepair and AeroBuy are subscription-based applications designed to digitally streamline procurement and repair order processes. By leveraging AeroBuy and AeroRepair, PSA Airlines will gain a comprehensive order management and tracking system that will provide enhanced real-time visibility into its entire purchase and maintenance order lifecycles.

With most of its high-volume trading partners already connected to both applications, upon implementation, PSA Airlines will instantly be able to begin tracking supplier lead times and measuring repair turnaround time performance.

"We appreciate PSA Airlines trusting Aeroxchange to digitally strengthen its supply chain operations,” said Albert Koszarek, President and CEO of Aeroxchange. “Our AeroBuy and AeroRepair solutions will drive cost-reduction efficiencies and productivity gains.”

As part of a phased rollout, PSA Airlines, along with the guidance of SeaTec Consulting, has already begun integrating its MXI system with AeroBuy. After AeroBuy is implemented, integration with AeroRepair will follow.

About Aeroxchange:
Founded by 13 major global airlines in July 2000, Aeroxchange is a privately owned company providing software solutions that maximize efficiency across the aviation supply chain. Aeroxchange’s tailored solutions offer a seamless e-commerce experience between aerospace companies and their trading partners.

Princeton, UNITED STATES / Chennai, INDIA  – April 23, 2021  Global aviation software specialist, Ramco Systems announced that it has gone live at a leading aviation MRO specialist with its Aviation M&E MRO Software V5.8, thereby automating the organization’s business processes. This marks the successful implementation of Ramco together with its partner Aeroxchange, who played a pivotal role in the implementation with its AeroComponent® connector, enabling seamless integration at client end.

With modules for commercials, supply chain management, procurement and repair management, part technical data management and financial management, Ramco Aviation Software V5.8 enables the MRO specialist with solutions to provide visibility through efficient operational and financial reporting, automate their repair order processing and support day-to-day operations and the growing volume of transactions. Integrated with Aeroxchange through their AeroComponent connector, the solution will connect the ITM / Pool Parts providers with their customers’ systems to facilitate real time exchange of data on both demand fulfilment and core return process.

Virender Aggarwal, CEO, Ramco Systems, said, “With Ramco Aviation and Aeroxchange’s (AeroComponent) combined solution, customer demand for parts are interfaced seamlessly with pool provider. Through this, we are able to put in place a robust and scalable platform, that delivers an exceptional degree of supply-chain process automation in a real-world environment, allowing the organization to offer a highly efficient, tailored and differentiated part support service to their customers. We are confident that the MRO specialist will now be able to meet its AOG and Routine demands, thereby driving overall turnaround time (TAT) reduction and delivering SLA commitments, efficiently.

Albert Koszarek, President and Chief Executive Officer, Aeroxchange, said, “Through our partnership with Ramco, customers seeking to realize perfect MRO commerce using Aeroxchange’s real-time collaboration network can benefit from the robust combination of our applications. We look forward to continuing to work with Ramco in providing enhanced value for companies in the aviation industry.”

Ramco Aviation, Aerospace & Defense is trusted by 24,000+ users to manage 4,000+ aircraft globally. Accessible on cloud and mobile, Ramco Aviation & Defense Software continues to innovate with ‘Anywhere Apps’, significantly reducing transaction time both during aircraft-on-ground (AOG) conditions and critical aircraft turnarounds. Ramco is changing the paradigm of enterprise software with Artificial Intelligence based solutions, powered by cool new features such as digital task cards, offline capability, chatbots, mail bots, HUBs and cognitive solutions. With 80+ Aviation organizations onboard, Ramco is the solution of choice for top heli-operators, leading defense companies, space launch vehicles, UAS/Drones, eVTOL and multiple MROs around the world.

About Aeroxchange:
Aeroxchange is the only electronic business network serving the aviation MRO industry. Founded in 2000, Aeroxchange has grown to serve aviation leaders including major airlines, MRO providers, airframe manufacturers, OEMs, part and component suppliers and repair service providers around the world.

About Ramco Systems: 
Ramco is a next-gen enterprise software player disrupting the market with its multi-tenant cloud and mobile-based enterprise software in HR and Global Payroll, ERP and M&E MRO for Aviation. Part of the USD 1 billion Ramco Group, Ramco Systems focuses on Innovation and Culture to differentiate itself in the marketplace. On the Innovation front, Ramco has been focusing on moving towards Active ERP leveraging Artificial Intelligence and  Machine Learning by building features such as Talk It - which allows transactions to be carried out by simple voice commands, Bot it – which allows users to complete transactions using natural conversations; Mail It – transact with the application by just sending an email; HUB It - a one screen does it all concept built to address all activities of a user; Thumb It – mobility where the system presents users with option to choose rather than type values and Prompt It – a cognitive ability which will let the system complete the transaction and prompts the user for approval. 

With 1800+ employees spread across 24 offices, globally, Ramco follows a flat and open culture where employees are encouraged to share knowledge and grow. No Hierarchies, Cabin-less Offices, Respect work and not titles, among others are what makes the team say, Thank God it’s Monday! 

Winner of 2020 ISG Paragon Awards Asia Pacific, for ‘Transformation’ and ‘Collaboration’ Awards 
Leader in NelsonHall’s NEAT Matrix for Next Gen Payroll Services; 
Winner Global Payroll Transformation Project of the Year – 2019 by Global Payroll Association; 
Winner of 2018 ISG Paragon Awards Australia, for ‘Best Imagination’ Award 

For more information, please visit https://www.ramco.com/products/aviation-software/
Follow Ramco on Twitter @ramcosystems / @ramcoaviation and stay tuned to http://blogs.ramco.com

Air Astana will utilize AeroBuy and AeroRepair to accelerate parts procurement and repair order management, improve sourcing opportunities and pricing, increase supply chain transparency and streamline communication with its trading partners.

“By integrating its Trax system with the Aeroxchange platform, Air Astana will drive operational efficiencies, including eliminating the need to manage multiple connections with hundreds of suppliers,” said Albert Koszarek, President and CEO of Aeroxchange. “We are excited to bring Air Astana onto our network and look forward to expanding our presence in Central Asia and Eastern Europe.”

“With the implementation of Aeroxchange, we believe we have the best solution to alleviate the traditional administrative burdens through automation and optimization of processes. We are confident that the efficiencies and effectiveness of the Aeroxchange platform come at the right time, as Air Astana continues to utilize technology and innovation to drive optimization in light of the COVID-19 pandemic,” said Yerbol Baimbekov, Vice President Procurement and Supply of Air Astana.

About Aeroxchange:
Founded by 13 major global airlines in July 2000, Aeroxchange is a privately owned company providing software solutions that maximize efficiency across the aviation supply chain. Aeroxchange’s tailored solutions offer a seamless e-commerce experience between aerospace companies and their trading partners.

About Air Astana:
Air Astana, the flag carrier of Kazakhstan, commenced its operations in May 2002 as a joint venture between Kazakhstan’s national wealth fund, Samruk Kazyna, and BAE Systems (UK), with respective shares of 51% and 49%.

Air Astana is a full-service international carrier. Air Astana operates Boeing 767, Airbus A320/A320neo, Airbus A321/A321neo/ A321LR and Embraer E190-E2. Air Astana became the first carrier from Russia, the Commonwealth of Independent States (CIS) and Eastern Europe to be awarded a prestigious 4-Star rating by SkyTrax at its World Airline Awards 2012 and was also named ‘The Best Airline in Central Asia and India’ that year. Both achievements were repeated in consecutive years through until 2019. Air Astana received a Travellers' Choice Awards, and 5-Star in Major regional airlines category at APEX Awards for the three years in a row between 2018 and 2020. Air Astana also has the Airline Market Leadership Award by Air Transport World.

About Aeroxchange

Aeroxchange is the only electronic business network serving the aviation MRO industry. Founded in 2000, Aeroxchange has grown to serve aviation leaders including major airlines, MRO providers, airframe manufacturers, OEMs, part and component suppliers and repair service providers around the world.
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