Cloud-based solutions and services company Leaseworks has announced the launch of a new tool called the LeaseWorks Utilization Tracker.
The tracker works in Aeris MATCH software "ecosystem", and, Leaseworks said, "is designed to facilitate the collection of utilisation records from airlines across many regions and asset groups".
"With the advanced analytics platform, lessors can monitor and audit airline utilisation reports, compare aircraft usage to fleet and regional trends, and track aircraft movements by country or cities to ensure compliance," the company explained, promising to help lessor overcome the "daunting challenge" of collecting and analysing such data.
“One of the primary areas that lessors could benefit from is more timely data from airline customers on their aircraft utilisation,” explains Juan Blanco, senior advisor, customer solutions, architecture and technology at LeaseWorks.
“Collecting and analyzing data has previously been a manual and time-consuming process, yet this information is becoming increasingly important in a highly dynamic industry, where lessor risk can be impacted by jurisdictional and operational considerations, Blanco added.