This podcast from Aviation Maintenance Magazine explores the concept of spare parts pooling, a cost-effective strategy for airlines and other aircraft operators. Instead of each airline maintaining a vast inventory of spare parts, they can join a pool where they pay a monthly fee for access to a shared inventory of components. This approach offers several advantages, including reduced capital expenditure, predictable operating costs, improved cash flow, and less complex supplier management. The podcast also examines Kellstrom Aerospace’s Inventory Consignment Parts Program, an alternative approach that allows aircraft owners to monetise their out-of-service aircraft by selling parts through a virtual consignment model.