At the International Airlines Technical Pool (IATP) Conference in Riga, Latvia, Lufthansa Technik AG is presenting ToolNOW, the first online brokerage platform for tool loans in the aviation industry, under its brand AVIATAR.

Both, Airline operators and MRO companies worldwide can use this platform to cover their aircraft-related tool requirements through loans. Their requests are answered by other MRO companies, manufacturers and airlines on the platform. The loan process is simplified considerably through standardized requests and offers. This also reduces the time between request and delivery of the tools. In addition, users can track the live status of their requests at all times. The more customers use ToolNOW, the bigger the network becomes. MRO companies, OEMs and airlines can thus share their tool inventories and are no longer dependent on the costly expansion of their own inventory.

Right from the start, the functionalities of the ToolNOW platform were defined and implemented in close cooperation with future users such as TUIfly GmbH.Following a test phase of several weeks with selected customers, ToolNOW has now been officially launched and unlocked for the market. Users can register free of charge and simply post their requirements.

ToolNOW will be presented at the International Airlines Technical Pool Conference (IATP) in Riga from 10 - 14 March and at MRO Africa in Cairo, Egypt from 18 - 20 March.