Aerochange.com was founded by thirteen airline companies as a website where the companies could purchase all the goods and services for their operation,excluding aircraft and fuel.Selected suppliers were invited to partner with these airlines at this site.Items that are traded through Aeroxchange include a wide range of airline- specific products and services,such as engine components and maintenance.Aerochange is an example of a(n)_.

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Aerochange.com is a private exchange because it is a platform created by a group of companies (airlines) to facilitate transactions with selected suppliers for specific goods and services.