Press release

Finnair selects AerData Engine Mgmt Analytics Solution

Amsterdam, The Netherlands;  6 March 2017

AerData, a Boeing Company, announced today an agreement with Finnair, the flag carrier and largest airline of Finland, for AerData’s Engine Fleet Planning And Costing (EFPAC) software. AerData’s software and services improve efficiencies and enhance competitiveness for customers, including some of the world’s largest airlines, lessors and MROs.   

EFPAC utilizes financial, operational and technical data for enhanced decision making throughout the entire organization for engines, APU’s and landing gear. EFPAC collects maintenance and performance data to establish a maintenance plan. It employs descriptive analytics to visualize shop visit details and overall engine maintenance status. EFPAC uses prescriptive analytics to simulate future maintenance plan scenarios, allowing airline personnel to optimize shop visit planning, predict engine component life and model financial aspects of engine assets. The EFPAC analytics tool helps airlines perform lifecycle analysis in hours or days, while traditional manual methods typically take weeks to complete. 

Commenting on the announcement, Jari Huhtinen, VP Technical Operations, Finnair said, "Once fully implemented, EFPAC will enable engine life cycle cost optimization and a more efficient evaluation of different scenarios related to fleet changes, both of which are important as Finnair fleet continues to grow." 

Matthew Bull, CEO, AerData said, “We are excited that Finnair chose AerData, a decision based not only on our products but also on our teams unrivalled technical knowledge and expertise in engine planning. EFPAC will help facilitate Finnair’s engine technical records, lease management, financial forecasting and maintenance optimization.”   

About AerData 

AerData, a Boeing Company, provides lease management, records management, engine fleet planning and audit and inspection software as well as technical and back office 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.  

AerData is part of the Digital Aviation business unit within Boeing Support and Services. Boeing offers the industry’s largest portfolio of support and services solutions, providing customers a competitive advantage by solving real operational problems, enabling better decisions, maximizing efficiency and improving environmental performance – intelligent information solutions across the entire aviation ecosystem. 

About Finnair 

Finnair flies between Asia, Europe and North America with an emphasis on fast connections via Helsinki, carrying more than ten million passengers annually and connecting 18 cities in Asia with more than 70 destinations in Europe. The airline, a pioneer in sustainable flying, was the European launch customer of the next-generation, eco-smart Airbus A350 XWB aircraft and is the first airline listed in the Leadership Index of the worldwide Carbon Disclosure Project. The only Nordic carrier with a 4-star Skytrax ranking, Finnair has also won the World Airline Award for Best Airline Northern Europe for the past seven years running. Finnair is a member of oneworld, the alliance of the world's leading airlines committed to providing the highest level of service and convenience to frequent international travellers. 

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.