Bangkok, Thailand – Chandler, Arizona
Block Aero Technologies, the leading provider of aerospace 4.0 solutions backed by its digital asset management platform integrating AI, IoT, and a private blockchain network, is pleased to announce the addition of CAVU Aerospace.
CAVU Aerospace is a valuable partner specialized in providing aircraft disassembly, dismantling, and recycling services throughout the United States. CAVU Aerospace also offers a range of aftermarket aviation services, including aircraft parts sales, maintenance, and refurbishment. As the creators of the CAVU SmartServices™ product suite, the company has always explored forward thinking initiatives.
Whilst staying ahead of the curve, they have signed with Block Aero to assist in their digital ecosystem through Block Aero’s MRO Manager and the integration of ATA Spec 2000 Part Certificate Form data threading directly from CAVU SmartTags.
The main scope of the project will center around decreasing TATs (turn-around times) for the repair orders going through FAA or EASA authorized facilities.
“We are excited to be using Block Aero’s MRO Manager product to streamline our work order management process during aircraft tear-downs. This cutting-edge technology will provide us with the efficiencies we need to continue to deliver the high-quality service our customers have come to expect from CAVU Aerospace.”
– CAVU Aerospace Co-Founder & Partner, Kenneth Kocialski
“There are millions of parts out there without “back to birth” records because they existed before back to birth was prevalent in the industry – this goes from aircraft models as old as the 727 to models as new as the 777 and A380.
Block Aero allows CAVU to contribute to a rebirth record by putting assets on the blockchain at the time of the removal from the aircraft. Keeping these items on the blockchain will then enable a digital trace to stay with the part forever.”
– CAVU Aerospace Co-Founder & Partner, Brent Webb
The partnership with CAVU signals Block Aero’s entry into the aircraft tear-down segment of the aviation industry’s aftermarket. The aftermarket’s market size is expected to face a period of growth at a 7.63% CAGR, poised to reach USD 43.33 Billion by 2030, due largely to the pandemic forcing airlines to retire aircraft earlier than scheduled, but also as a result of the post-pandemic V-shaped recovery across the industry that’s caused supply-chain restraints.
“Effective communication and data exchanges between airlines, MROs, and lessors is crucial for business continuity, especially when it comes to the core workstreams of maintenance planning and material management.
That’s why using a Block Aero solution that brings data into compliance with the standards and recommended practices of Aviation Suppliers Association (ASA) and IATA for Back-to-Birth (BTB) trace is such a good fit to CAVU’s own SmartServices.
We’re confident that CAVU will be able to gain a competitive advantage with Block Aero and demonstrate how to achieve greater digital transformation in aircraft end-of-life services.”
– Block Aero Technologies Founder & CEO, Todd Siena
Founded in 2017, Block Aero Technologies is an aerospace innovation leader helping organizations drive digital transformation with services and solutions backed by the World’s Most Advanced Aviation Blockchain Platform.
Founded in 2010, CAVU Aerospace Inc. is one of the world’s leading providers of asset management, disassembly & recycling services, and creator of the suite of CAVUSmartServices™ which include the patent pending CAVU SmartTags™, a secure inventory real-time tracking system, CAVUSmartMRO™, CAVUSmartBids™, and CAVUSmartLogistic™.