Yesterday, SITA, along with key airline industry partners,
launched the MRO Blockchain Alliance to track, trace and record aircraft parts. SITA is the technology company jointly owned by the airline industry.
The new consortium will cater to the Maintenance, Repair and Overhaul (MRO) of aircraft and hence parts. For its first project, the coalition will launch a blockchain proof of concept (PoC) to track and trace movement and maintenance history of parts. It will work with airlines, lessors, original equipment manufacturers (OEMs) such as engine producers, logistics suppliers, and maintenance providers for the PoC.
SITA said the groundwork for the alliance was first laid down at a HAECO Group event in 2019. Members include Bolloré Logistics, Cathay Pacific, FLYdocs, HAECO Group, Ramco Systems, SITA, and Willis Lease Finance Corporation, supported by Clyde & Co.
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