Wednesday, November 23, 2022

Locatory.com seeing steady growth, set to meet aviation industry needs

KUALA LUMPUR, Nov 22 (Bernama) -- Locatory.com, one of the world’s leading premium aircraft parts marketplaces, has been seeing steady growth for over a few years now, driven by the increase in clientele interest, driven by the continuous expansion of spare parts database.

Chief executive officer, Toma Matutyte said the company has continued to expand its spare parts database, which has been growing by 15 per cent per month.

“With cost optimisation and sustainability on everyone’s mind, the secondary aviation parts market is becoming an increasingly attractive opportunity.

“In 2022, we have received five times more requests for quotes compared to last year and are expecting this trend to continue into the next year,” she said in a statement today.

Being a tool for the simplified procurement of spare parts, Locatory.com, a family member of Avia Solutions Group, is deeply invested in the digitalisation of the process. 

“Our mission is to connect aircraft parts’ buyers and sellers via an innovative platform that enables our customers to find, buy and sell aircraft parts or repair services in commercial, original equipment manufacturer, maintenance, repair and overhaul, military and general aviation segments across the globe.

“We have a truly global team, with people from over 10 countries sharing ideas and expertise in improving the company. We have been steadily expanding by around 15 per cent each month and there are no plans of slowing down,” added Matutyte.

-- BERNAMA

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