AAR Introduces AI-Powered Procurement Platform for Airlines, MROs

MT Newswires Live04-21 20:50

AAR (AIR) said Tuesday it has launched Airvoyant, an artificial intelligence-powered procurement platform for airlines and maintenance and repair companies that connects buyers directly to suppliers, searches available inventory, and requests and consolidates quotes.

The platform is powered by Amazon's (AMZN) cloud platform, Amazon Web Services, and directly integrates with Aeroxchange's ecosystem of over 5,000 suppliers to automate the traditional manual parts sourcing process, AAR said.

Airvoyant's AI agent workforce analyzes inbound supplier quotes and generates purchase recommendations, with capabilities focused on demand consolidation, vendor optimization, and automated negotiation expected to be launched later this year, AAR said.

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