AFI KLM E&M and Parker Aerospace Group reach major milestone in deploying SkyThread’s Blockchain-Based aircraft Parts Track and Trace platform for 787 fleet

This achievement follows last year’s announcements that both companies would collaborate with SkyThread to ensure enhanced visibility and a complete event history throughout the lifecycle of aircraft parts on and off the aircraft. The first go-live has now been reached on the 787 platform, with hundreds of thousands of parts being actively tracked and traced using the SkyThread data sharing platform.

The aircraft parts track and trace solution from SkyThread enables AFI KLM E&M to have access to the history of each new and repaired Parker aircraft part, from its inception (new) to its installation on and removals from the supported 787 fleet. This will significantly reduce the number of inbound quarantined parts, streamlining the maintenance processes and ensuring uninterrupted operations.

Similarly, for Parker, this solution ensures that serialized part data are easily accessible and traceable, both on and off aircraft. This enables reductions in repair turnaround and other response times. It enhances supply chain performance through better demand planning for spares and repair volumes.

The two companies, together with SkyThread, expect to further grow their coverage and usage of the platform. More entities will join the platform to continuously add part event data leading to additional value for all parties of the community involved.

Both companies have begun loading data for more than 2 million aircraft part events to the platform - part birth, installation and removal, component repair, and logistics.