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GE Aviation Adds Clients to Asset Transfer System

GE Aviation has signed an agreement with Falko Regional Aircraft to provide the AirVault Asset Transfer System across its portfolio of regional aircraft including Bombardier, Embraer, BAe Systems and ATR airplanes. The implementation is expected to start in Q4, 2019.

“Falko’s fleet is constantly evolving to meet their customer needs. We’re helping them to streamline technical records to enhance their ability to strengthen their asset lifecycle management across the fleet,” says Gib Bosworth, global lessor director for GE Aviation.

“We are excited to partner with GE’s AirVault Asset Transfer System in order to complement Falko’s exiting Continuing Airworthiness Management Organization to manage the transfer of aircraft records between Lessor and Lessee. The platform offered by AirVault ATS will help consolidate large amount of data and significantly enhance our ability to support new and existing customers” says Ian Dear, vice president of Technical Operations for Falko Regional Aircraft.

GE Aviation also teamed up with BBAM Aircraft Leasing & Management to provide the AirVault Asset Transfer System across a fleet of 510 aircraft including Airbus, Boeing and Embraer airplanes used by more than 90 airlines. That implementation started in November 2019 and BBAM will start using the system by December 2019, followed by a six-month evaluation.

“We are thrilled to partner with the BBAM organization to help facilitate their mission-critical technical records coupled with enhancing their ability to strengthen their asset lifecycle management for aircraft transition optimization,” says Bosworth.

GE says domain expertise in flight analytics and engine diagnostics gives them the ability to bring disparate data together and the digital leased asset transfer system capability will further enable web-based fleet maintenance across the aviation leasing market.

“We selected the AirVault Asset Transfer System to help achieve efficiencies in aircraft transitions by automating and digitizing critical processes,” according to Declan Cotter, head of Technical Operations at BBAM. “We also see the potential for benefits in project management and project communication between all parties during the transition phases.”

Bosworth adds, “The ability to connect records and data across the global aviation community with the IT systems they use to manage their fleet will improve data availability and increase productivity.”

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