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Aerospan Wins Flight International Aerospace Industry Award; Corporate Strategy Endorsement At Premier Aviation Industry Awards.


Business Editors

LE BOURGET Le Bourget is a commune in the northeastern suburbs of Paris, France. It is located 10.6 km. (6.6 miles) from the center of Paris.

A very small part of Le Bourget airport lies on the territory of the commune of Le Bourget, which nonetheless gave its name to the airport.
, France/PARIS INTERNATIONAL AIRSHOW/--(BUSINESS WIRE)-- June June: see month.  19, 2001

Aerospan.com - the dedicated, industry-owned e-marketplace An eMarketplace, or electronic marketplace, is a community of buyers and suppliers. More specifically, it’s an electronic community that integrates the procurement systems of buyers with the fulfillment systems of suppliers, creating a single standard process for transacting  from SITA - has won the Flight International Aerospace Industry Award for its focus on, and successful implementation of, corporate strategy.

The award was presented at a gala dinner in Paris last night.

CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Aerospan, Duncan Alexander, said, "It is always great to have work recognised by our industry peers and we are delighted to receive this award for best corporate strategy. This endorses our strategy of addressing the needs of the whole community and taking a leading role in transforming e-business within the air transport industry. Together with our parent SITA we are helping to change the way in which e-business is conducted, reduce costs, and improve productivity."

This is the eighth year that the Flight International Aerospace Industry Awards have been held. The corporate strategy award goes to companies who have used innovation and good business practices, to either change the way that they are doing business, or to introduce new and challenging ways of working. It was presented following the final decision of a panel of judges Panel of Judges is an indie pop band from Melbourne, Australia. Members
  • Dion Nania (Golden Lifestyle Band) - guitar
  • Alison Bolger (Clag, Sleepy Township) - bass
  • Paul Williams (Molasses, Jaguar Is Jaguar) - drums
Discography
 made up of over 24 leading aerospace experts from around the world. "I saw this very much as SITA looking at how it could further develop its capabilities and a real strategic development on their party, but clearly meeting a need," said one judge.

Notes to Editors:

About Aerospan.com

Aerospan.com is the most comprehensive, neutral e-marketplace for the global US$100bn air transport industry. Its technical procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases.  e-marketplace offers specific industry functionality. Aerospan continues to lead by expanding and extending its portfolio, enabling customers to improve the efficiency and effectiveness of their operations. Aerospan helps improve customers' profitability by streamlining transactions and operations while reducing inventory levels and costs. With its regional office structure and world-wide client base, Aerospan is positioned to be the industry's leading global player. Aerospan has developed history, experience, unparalleled neutrality and long-term Long-term

Three or more years. In the context of accounting, more than 1 year.


long-term

1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term.
 focus and continues to leverage the global networking and IT solutions capabilities of SITA, majority owner of Aerospan. Visit www.aerospan.com.

About SITA

SITA is the world's leading provider of integrated information and telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications.  solutions to the air transport industry. With over 50 years experience, SITA now has around 740 members and 1,800 customers including airlines, airports, travel distribution and computer reservation systems, governmental organisations, aerospace and air-freight companies. SITA recorded corporate revenues of over US$1.57 billion in 2000. Further information can be found at www.sita.int
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 19, 2001
Words:420
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