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Oracle wins aircraft e-market

Published on .

Redwood Shores, Calif.--Oracle Corp. had been quiet for a while. But Monday, it won a big one, landing as the technology provider for Aeroxchange (www.aeroxchange.com), an airline industry net market. Aeroexchange has gathered up $45 billion in spending from airlines including Air Canada, All Nippon Airways, America West Airlines, Cathay Pacific Airways, FedEx Express, Japan Airlines, Lufthansa German Airlines, Northwest Airlines, Scandinavian Airlines System and Singapore Airlines. Oracle's b-to-b exchange platform will provide auctioning, reverse auctioning, contract and spot buying capabilities, plus collaborative supply chain planning functionality.
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