New e-marketplace set to save airlines £80m a year_2

Nine of the world’s largest air carriers are planning to save more than £80 million a year within three years through a major new trading exchange.

Cordiem aims to help streamline the aviation industry’s £300 billion supply chain.

The carriers - Air France, American Airlines, British Airways, Continental Airlines, Delta Air Lines., Iberia Airlines, SAirGroup, United Airlines and United Parcel Service - want the site, which launched this month, to move swiftly from indirect goods to high-value direct goods...

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