Asia Digital Engineering (ADE), the engineering and maintenance subsidiary of Capital A, is proud to announce today the launch of two groundbreaking digital solutions, AEROTRADE and ELEVADE FLEET, revolutionising aircraft parts procurement and holistic aircraft health management in Asia. These innovative platforms aim to streamline operations, enhance efficiency, and elevate the overall performance of the aviation industry.
The launch took place on the sidelines of The 16th Langkawi International Maritime & Aerospace Exhibition (LIMA ’23) on Wednesday, further highlighting the significance of these pioneering innovations, and was witnessed by YB Chang Lih Kang, Minister of Science, Technology and Innovation Malaysia.
AEROTRADE, the first of its kind in Asia, is an aviation marketplace meticulously designed to address the pain points faced by airlines in procuring aircraft parts. By harnessing the latest technologies, AEROTRADE simplifies the buying and selling processes, providing a seamless experience for multiple stakeholders.
With over USD 120 million worth of inventory available for both Airbus and Boeing aircraft types, AEROTRADE has quickly become a host for aviation procurement. The platform has attracted more than 60 airlines, MROs, distributors, agents, and stockists worldwide, showcasing its growing popularity among industry players. The platform’s future expansion plans include further enhancements to streamline and automate procurement, logistics, and inventory management-related activities.
Meanwhile, ELEVADE FLEET, the first module from ADE’s ELEVADE digital ecosystem, takes the concept of aircraft health management to new heights. With its focus on holistic monitoring and management, ELEVADE FLEET simplifies the monitoring and providing solutions on aircraft health in real-time.
Leveraging on over 20 years worth of aircraft maintenance data and experience, the system will offer predictive and prescriptive maintenance capabilities, advanced analytics, fleet tracking, cabin monitoring, and more. ELEVADE FLEET is the first commercially-available, full-fledged aircraft health management system of its kind in Asia. Currently, all AirAsia Group fleets consisting of narrowbody and widebody aircraft are being monitored via ELEVADE FLEET.
Commenting on the launch, Minister of Science, Technology and Innovation Chang Lih Kang said: “Malaysia has made significant strides in developing its aviation and aerospace industry, focusing on science, technology, and innovation. I applaud ADE’s continued efforts in pioneering innovation and technological advancements, which resulted in the launch of AEROTRADE and ELEVADE FLEET today. By embracing digital transformation and innovation, we can drive advancements in aircraft engineering and elevate Malaysia’s position as a hub for technological excellence in the aviation sector regionally and globally. The government is committed to supporting the growth of the aviation industry and we will continue to work closely with all stakeholders to create a conducive environment for Aerospace Research & Development (AR&D) and fostering innovation amongst industry players.”
ADE CEO Mahesh Kumar said: “Leveraging our position as the main maintenance, repair, and overhaul (MRO) provider for the world’s leading low-cost airline – AirAsia for over 20 years, our goal entering this effort is to simplify the complex aircraft parts procurement process, providing a one-stop solution for airlines, as well as offering a holistic aircraft health management system, enabling airlines to optimise maintenance activities and improve safety. These innovative solutions showcase our commitment to revolutionise the aviation industry in Asia and beyond. We are proud to see our world-class engineering and industry-leading MRO expertise pioneer the innovation of such digital solutions in Asia, and the launch today will be a stepping stone for us to continue spearheading Research & Development (R&D) in becoming an innovative leader amongst other aviation and MRO players in Malaysia and Asia Pacific. Works are already in the pipeline to integrate Artificial Intelligence (AI) into these features as part of our bid to ensure the highest standards of service in all that we do to best meet our clients’ requirements.”
