ST Aerospace Resources, a subsidiary of Singapore Technologies Aerospace, has chosen AerData’s Corporate Management System (CMS) to support their fleet of aircraft. CMS is a single platform that facilitates the consolidation and management of data from multiple sources. CMS mitigates risk and enables lessors to smoothly run their business by providing them with full control and oversight of their asset values, contract information and technical details.
AerData’s Corporate Management System is an industry leading platform that supports all business processes in aircraft leasing and asset management. CMS is web enabled and accessible via a secure and encrypted internet connection 24/7.
Commenting on the announcement, Matthew Bull, CEO of AerData said, “We are delighted to announce ST Aerospace Resources as our latest CMS customer. CMS will provide ST Aerospace Resources with a solid platform to manage and expand their activities using an industry standard lease and asset management system.”
Yip Hin Meng, SVP / GM, ST Aerospace Resources Pte. Ltd. said, “AerData has proven themselves in providing aircraft asset and lease management systems. We are confident that their corporate management system will facilitate our business model and support the achievement of our goals. We look forward to growing our aircraft leasing portfolio utilizing their solution.”
A320 Components: Jetstar Pacific Chooses AFI KLM E&M
Jetstar Pacific, one of Vietnam's biggest low-cost carriers, has signed a long-term component support agreement for its fleet of A320s. As part of the Jetstar Group of airlines, Jetstar Pacific's current fleet comprises 14 Airbus A320 aircraft - a number that is slated to grow to 30 by 2021. The contract covers component support and repairs plus access to a local spares pool located at Ho Chi Minh City. Concurrently, AFI KLM E&M subsidiary EPCOR has won a contract covering four overhauls for the APS3200 APUs equipping the Vietnamese airline's fleet.
AFI KLM E&M will commence support services in March 2017. "AFI KLM E&M is locating an extensive parts inventory in Ho Chi Minh City for Jetstar Pacific. The cooperation with AFI KLM E&M will deliver significant cost improvements in maintenance and on-time performance as well as providing a more comfortable flight experience for passengers," said Mr Nguyen Quoc Phuong, CEO of Jetstar Pacific. "Thanks to its rapid response, the Group has demonstrated its thoroughness and efficiency."
Fabrice Defrance, Senior Vice President Commercial AFI KLM E&M, added: "We are pleased that Jetstar has chosen us for this hotly contested contract. It marks the beginning of a partnership we hope will be very long-term." With this latest contract, AFI KLM E&M asserts its strong presence in Asia, especially in Vietnam, and confirms its leading role in serving the A320 component support market.