IATA launches MRO SmartHub - Know the fair market value (FMV) of parts and their availability, in real time. IATA MRO SmartHub provides transparency of spare part costs, availability and trading, to enable aircraft MRO services to make better decisions, control costs and optimize revenue. Plan, procure, buy, sell and valuate with confidence, knowing a used part’s fair market value. Easily decide whether to buy or repair, with a used part’s selling price and lead time. Do surplus part business with preferred partners simply and securely, via exclusive trading and communication tunnels. No more ghost stock. No more guessing. IATA MRO SmartHub is a cloud-based, single-interface platform that implements easily and cost-effectively.