Lufthansa Technik will be the launch customer for the International Air Transport Association’s (IATA) new ‘MRO SmartHub e-Auction’ platform.

The MRO company will put up large amounts of surplus aircraft parts for auction using the system during the MRO Americas 2021 show, which takes place between 27 and 29 April in Orlando, Florida.

The parts cover almost all current commercial aircraft types, Lufthansa Technik said. All auctioned components have been part of the company’s surplus inventory for less than three years and are being made available in various sub-packages to “fit the needs of specific fleet operators or MROs”.

The material will come with dual or triple release certification (FAA/EASA/CAAC) mainly from Lufthansa Technik and with a 12-month warranty, the MRO company added.

After registering via https://go.updates.iata.org/auction, all current Lufthansa Technik customers will be automatically accredited for the bidding process. New customers can also accredit for the auction on the same website. The auction will start on 26 April.

“In this auction, we offer high quality and well-maintained aircraft components from our extensive surplus portfolio that we are permanently adjusting to the changing demand of our valued customers from all over the world,” said Lufthansa Technik’s head of commercials – aircraft component services Dr. Georg Fanta.

IATA director business development Tim Schaaf said the MRO SmartHub platform was created in response to the industry’s need for “greater transparency and efficiency” in the aircraft components and surplus parts market.

“By adding the e-Auction functionality, we can provide an additional trading channel for buyers and sellers alike,” he said. “We are honoured to have such a renowned industry player as Lufthansa Technik as our launch customer and wish them a successful first auction.”