Cordiem

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Cordiem
File:Cordiem logo.png
Private
ISIN🆔
IndustryInformation technology
Founded 📆2001
Founder 👔
Headquarters 🏙️,
Arlington, Virginia
,
Area served 🗺️
Global
Servicese-business software
Supply chain management
Members
Number of employees
🌐 Website[Lua error in Module:WikidataIB at line 665: attempt to index field 'wikibase' (a nil value). ] 
📇 Address
📞 telephone

Cordiem, an enterprise software company, was formed by nine major airlines and three aerospace manufacturers to provide supply chain solutions for the aviation industry. The company was created from the merger of airline initiative AirNewCo and manufacturer-owned MyAircraft.com. Cordiem, headquartered in Washington, D.C., United States, then Tyson's Corner, Virginia, then Arlington, Virginia provided the aviation industry with e-business solutions comprising supply chain management, e-procurement and engineering services.[1]

History[edit]

It was formed in 2001 by 12 airline and aerospace companies as a "business-to-business alliance." The network was initially named Cordiem LLC and was based in Washington, D.C.[2]

The founding owners of the company were Air France, American Airlines, BFGoodrich, British Airways, Continental Airlines, Delta Air Lines, Honeywell International, Iberia Airlines, SAirGroup, United Airlines, United Parcel Service and United Technologies.[1] The company ceased business operations in February 2003, following the downturn in the aviation industry.[3] More specifically, because American Airlines was unwilling to renegotiate the value of its percentage holdings to allow for a financial restructuring and additional investment from the other partner airlines.

In 2002, the exchange was officially named Cordiem.[4] Cordiem suspended operations in March 2003.[5]

Services[edit]

It is intended to help with the aeronautical supply chain,[6] such as the buying and selling of parts.[7]

References[edit]

  1. 1.0 1.1 Computerworld (2001-08-03). "Cordiem exchange takes off".
  2. March 7, 2001, Airlines, Aerospace Firms Form Web-Based Supply-Chain Alliance, The Wall Street Journal
  3. Air Transport World (2003). "Cordiem shuts down".[dead link]
  4. January 1, 2002, Aviation bigwigs name online marketplace, CNET
  5. March 11, 2003 Cordiem Suspends Operations, Aviation Week
  6. Cordiem, Bloomberg
  7. author, date Donofrio Partners With Carton in Reorganization, Adweek


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