IATA LAUNCHES NEW ONLINE AIRCRAFT MARKETING AND TRADING WEB PORTAL

IATA, together with BIDjet.com, Inc., has launched www.IATA.BIDJET.com , an internet based aircraft marketing and trading portal. This will provide the airline industry with a neutral and cost-effective means of buying, selling and leasing commercial aircraft.

IATA.BIDjet.com is a service to manage every aspect of the transaction, from actively marketing or locating available aircraft to handling enquiries and managing the financial details.

IATA Director General Pierre Jeanniot, said "IATA is a service organisation for the airline industry. IATA.BIDjet.com is an exciting addition to our service range. IATA's unique position within the industry will ensure that IATA.BIDjet.com is available to the widest possible pool of potential users among the airlines."

BIDjet's Marketing Director, David Loken, added: "This alliance and the existence of a digital marketplace, supported by dedicated aircraft transaction professionals, will provide aircraft owners and operators a convenient and cost effective way to perform aircraft sales and leasing transactions. Our vision and objectives are aligned with those of IATA in providing superior service to the industry. We encourage the industry to use the website and our services."

The website address is: www.iata.bidjet.com