Unprecedented e commerce growth in aviation aftermarket sector for 2014

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The current aviation market and internet e-commerce growth synergy suggests that by 2014 40% of all MRO companies’ deals will be conducted online. Locatory.com experts estimate that by 2020 85% of customers will be dealing with suppliers without the actual human interaction whatsoever. Although hundreds of billions are spent on MRO business each year, most payments are still being processed on paper. According to Locatory.com, the nearest future sees MRO companies reducing its expenses and boosting profits up to 40% simply by realizing e-commerce opportunities.

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