Press release

DAE choose AerData STREAM software package

Amsterdam, The Netherlands;  23 April 2014

AerData, the provider of software and services for the aviation industry announces that DAE Capital (DAE) the aircraft leasing and finance arm of DAE, has chosen AerData’s STREAM software.

STREAM (Secure Technical Records for Electronic Asset Management) is the industry’s foremost web-based solution used by some of the world’s largest airlines, lessors and MROs to digitally manage aircraft and engine records.

Commenting on the announcement, Mark Nieuwendijk, Managing Director of AerData said; “We are delighted to announce that DAE, an existing CMS lease contract management software customer, has selected STREAM. We supported DAE in the past couple of years with records recovery projects and now they join the AerData records platform by licensing the software.”

About AerData

AerData provides lease management software, engine fleet planning software, records scanning software, fleet and valuations data and technical and backoffice services for aircraft and engine operators, lessors and MROs. With a strong customer focus AerData delivers a reliable and secure service to its clients using latest technologies and state of the art infrastructure.

About DAE

DAE Capital, the aircraft leasing and finance arm of DAE was formed in 2007. Its goal is to become the largest aircraft leasing company in the Middle East, serving an international market, inside the next decade.

DAE Capital’s fleet is currently comprised of a combination of 53 single aisle and wide-body aircraft. With continued airline expansion accelerating developments in the global aerospace industry and with its headquarters in Dubai, DAE Capital is perfectly situated to meet the global demand for new aircraft, particularly in the Middle East and Asia.

For further information

Sharon Heaton, Marketing Executive, AerData
Phone: +44 1293 842 438
Email: sharon.heaton@aerdata.com

Disclaimer

This press release may contain forward-looking statements that involve risks and uncertainties. In most cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expects”, “plans”, “anticipates”, “believes”, “estimates”, “predicts”, “potential” or “continue” or the negative of such terms or similar terminology.  Such forward-looking statements are not guarantees of future performance and involve significant assumptions, risks and uncertainties, and actual results may differ materially from those in the forward-looking statements.