Trax and Aeroxchange to enhance integration capabilities
This expanded agreement builds on the companies' long-standing collaboration to deliver a seamless, end-to-end experience across aviation maintenance and supply chain operations. By embedding Aeroxchange's services into Trax's workflows, customers can derive greater value from Aeroxchange's extensive connectivity with parts, repair, pool, and consignment service suppliers, accessing these capabilities directly from Trax applications. Enhanced integrations will ensure faster implementations, quicker troubleshooting, and reduced downtime. Additionally, aligning technology roadmaps will accelerate the delivery of new features and innovations, helping airlines and MROs, as well as their part and repair suppliers, stay ahead of industry demands.
"We are excited to build on our decades-long relationship with Aeroxchange to provide additional supply chain options to our customers," said
"We are grateful to announce this expansion agreement with Trax," said
About Trax
Trax is the premier provider of aviation maintenance mobile and cloud products in the global aviation market and a wholly-owned subsidiary of
About Aeroxchange
Aeroxchange is the only electronic business network that privately and securely supports all MRO business processes within the aviation industry for buyers and sellers. Aeroxchange provides a complete lifecycle of electronic communication from order creation to final invoice. The Aeroxchange service accelerates repair, replenishment, sourcing, inventory pooling, and other critical operations in the aviation supply chain.
Aeroxchange automates the exchange of documents and information for commercial transactions. Our electronic platform dramatically reduces manual rekeying activity for transactions processed by email, supplier portals, and telephone, increasing the accuracy and timeliness of information and document exchange. Learn more about Aeroxchange at https://corp.aeroxchange.com.
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This press release may contain certain statements relating to future results, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995, reflecting management's expectations about future conditions, including anticipated activities, opportunities, and benefits related to the expanded network agreement. Forward-looking statements may also be identified because they contain words such as ''anticipate,'' ''believe,'' ''continue,'' ''could,'' ''estimate,'' ''expect,'' ''intend,'' ''likely,'' ''may,'' ''might,'' ''plan,'' ''potential,'' ''predict,'' ''project,'' ''seek,'' ''should,'' ''target,'' ''will,'' ''would,'' or similar expressions and the negatives of those terms. These forward-looking statements are based on beliefs of management, as well as assumptions and estimates based on information currently available to management and are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated. For a discussion of these and other risks and uncertainties, refer to "Risk Factors" in |
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SOURCE Trax