LeaseWorks, a provider of cloud-based solutions and services, has signed lessor BBAM as its first customer for the recently launched LeaseWorks Utilization Tracker within the Aeris MATCH software ecosystem.
"We are delighted to expand our long term relationship with BBAM with the roll out of the Utilization Tracker module. Analysing up-to-date utilization information is central to BBAM’s ongoing ability to effectively manage their growing aircraft portfolio,” says Haseem Vazhayil, CEO at LeaseWorks.
“As a long-time customer, BBAM has been impressed with the functionalities of LeaseWorks new Utilization Tracker product. While there are similar offerings in the marketplace, we have found that this product has the differentiated ability to seamlessly integrate into our existing LeaseWorks platform, delivering operating efficiencies,” explains Vincent Cannon BBAM’s General Counsel and Chief Operating Officer.
The LeaseWorks team also calibrated the Utilization Tracker with BBAM’s fleet data to demonstrate the product’s capacity to identify specific aircraft that were non-compliant. “Given BBAM's need to automate the monitoring of no-fly zones and alerting around this, we are happy to give their compliance teams new tools to make timely decisions about their fleet’s operations,” adds Vazhayil.
The Utilization Tracker provides monthly hours, cycles, and airport movements data for the global fleet, enabling analytics across any lessor's portfolio, airline's fleet, or individually about any aircraft in the world. Lessors can leverage the powerful capabilities of this product with critical insights into their own fleets and portfolios, including: