Commenting on the announcement, Mark Nieuwendijk, Managing Director of AerData said: "Combining the capabilities of STREAM with the GECAS fleet will result in significant cost savings for GECAS and its customers by creating efficiencies in the aircraft and engine transition process, and help protect the value of the aircraft and engines."
Gerry Kenneally, SVP and Manager Technical Operations of GECAS said, "GECAS wanted to modernize the current records process of transitioning aircraft between lessees. Our goal was to establish a method whereby our staff, contractors, customers and regulators could work together via a hosted system in order to upload, manage and share critical records at a transition. Less downtime and less costs in transitions is our goal. AerData's product, leasing experience and IT infrastructure matched our requirements."
AerData provides lease management software, engine fleet planning software, records scanning software, technical and backoffice services for aircraft and engine operators, lessors and MROs. With a strong customer focus AerData delivers a reliable and secure service to its clients using latest technologies and state of the art infrastructure.
GECAS, the U.S. and Irish commercial aircraft financing and leasing business of GE, has a fleet of over 1,710 owned and managed aircraft with approximately 235 airlines in over 75 countries. GECAS offers a wide range of aircraft types and financing options, including operating leases and secured debt financing, and also provides productivity solutions including spare engine leasing, spare parts financing and management. GECAS, a unit of GE Capital, has offices in 24 cities around the world. (www.GECAS.com)
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