flydocs, the asset management solution provider, in collaboration with Lufthansa Technik, has launched new Lease Asset Management software.
The new software will provide custom measures to continuously optimise leases and ensure a smooth and on-time handover of aircraft back to the lessor. Along with preparing aircraft and documentation for cost-efficient phase-out, it will also offer aircraft assessment where the condition of the aircraft and its documents will be reviewed to minimise risk.
Commenting on the launch, Mark Bunting, Product Director - Asset Management and Artificial Intelligence at flydocs, said: “We are pleased to announce this latest strategic partnership with Lufthansa Technik. Through our cutting-edge technology, customers within the aviation community will be able to not only save money throughout the lease period but also benefit from unrivalled control of any deviation from the lease requirements. We have created a flexible solution that is highly customisable, scalable, and affordable to meet the precise needs for simplified and automated fleet planning for leased or owned assets. The new application aims to reduce the effort and time required throughout the lease period along with optimising costs through the asset lifecycle to ensure compliance with contracts. At flydocs, we continuously develop innovative digital solutions with Lufthansa Technik, which is one of the leading providers of technical aircraft services in the world.”
Matthias Kuehlbauch, Head of Lease Asset & Aircraft Transition Services, Aircraft Engineering at Lufthansa Technik, said: “Selecting the right technology platform is crucial for our services to effectively evolve our business model and thrive. flydocs makes this powerful digital foundation for our business. By combining our expertise in asset, leasing, and transition management at Lufthansa Technik Aircraft Engineering Services, flydocs supports us to scale process automation to meet the changing business needs. Their professional developers provide a comprehensive range of digital solutions for operators and lessors across the world. Lufthansa Technik Aircraft Engineering Service has worked together with flydocs to design this new product, which will help airlines to reduce enormous costs for their leased aircraft and reduce the effort at end of the lease. The partnership with flydocs will accelerate digital innovation across our business functions as they understand that professionals need to be able to rely on their industry partners for lease asset management. I believe that this great development will enable us to strengthen the positions of both flydocs and us in facilitating asset, leasing, and transition management.”