Press release

SMBC Aviation Capital choose STREAM and GEARS

Amsterdam, The Netherlands;  11 March 2014

AerData, the provider of software and services for the aviation industry announces that SMBC Aviation Capital (SMBC AC), has licensed STREAM aircraft records software and GEARS asset review system.

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 manage aircraft and engine records.

GEARS (Global Electronic Asset Review System), is a total asset review management tool designed with in-field experience and IT to ensure quality, consistency and efficiency in any asset review.

Commenting on the announcement, Mark Nieuwendijk, Managing Director of AerData said; “We are delighted to announce that another major lessor has chosen STREAM for the management of its technical documents. It is also a pleasure to see that SMBC AC has chosen GEARS, a product it has been trialing since late last year. GEARS will deliver SMBC AC standardized data collection and reporting across its inspection and audit program in an efficient manner.”

Diarmuid Healy, Head of Technical Asset Management, SMBC Aviation Capital said; “We are pleased to announce our new working relationship with AerData through the use of their STREAM and GEARS systems. These systems will help to streamline processes in our business and assist our ambitious growth plans over the coming years.”

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 SMBC

SMBC Aviation Capital is the world’s third largest aircraft lessor, with a modern fleet of over 340 owned and managed aircraft, valued at more than $10bn. The business’s strategy is to own and lease liquid, investor-friendly aircraft assets with continuous trading through the industry cycle to maximise profitability and manage risk.

SMBC Aviation Capital has 92 airline customers and over 40 investors in more than 40 countries around the world. It is headquartered in Dublin and has offices in Shanghai, Beijing, Hong Kong, Singapore, Tokyo, New York, Amsterdam, Toulouse and Seattle.

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.