Press release

Standard Chartered Aviation Finance selects STREAM

Amsterdam, The Netherlands;  12 January 2016

AerData, the provider of lease management, records management and engine fleet planning software, announced today that Standard Chartered Aviation Finance, a division of Standard Chartered, has chosen AerData’s STREAM Records Management System to support their fleet of over 100 aircraft.

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.

Brian Tumulty, Executive Director, Technical, Standard Chartered Aviation Finance said, “A standardised approach to the management of aircraft technical information has become increasingly important in recent years. We are continually looking to improve our processes and become more efficient, especially around events like aircraft re-deliveries and trading. STREAM will give us the ability to manage, protect and share information on our assets with colleagues and partners around the world.”

Commenting on the announcement, Mark Nieuwendijk, Managing Director of AerData said, “We are proud that the team at Standard Chartered Aviation Finance have chosen STREAM. It comes after a lengthy period of due diligence both on the product, our support and our best in class IT infrastructure. This new customer represents another major leasing organization that is now on-board with STREAM.”

About AerData

AerData 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 was acquired by The Boeing Company and became part of Boeing Commercial Aviation Services in May, 2014. These include parts, training, engineering, maintenance and software solutions that increase the efficiency and profitability of airlines and leasing companies.

About Standard Chartered Aviation Finance

Standard Chartered Aviation Finance is based in Dublin, Ireland with regional offices in Hong Kong, Limerick, London and Singapore. The aviation business owns and manages a portfolio of over 100 aircraft on lease to over 25 of the world’s leading airlines. Aviation Finance’s main product offering is aircraft financing and leasing in the Bank’s network spanning Asia, Africa and the Middle East. Additionally, the bank’s owned portfolio is remarketed on a global basis to airlines worldwide.

About Standard Chartered Bank

We are a leading international banking group, with around 86,000 employees and a 150-year history in some of the world’s most dynamic markets. We bank the people and companies driving investment, trade and the creation of wealth across Asia, Africa and the Middle East, where we earn around 90 per cent of our income and profits. Our heritage and values are expressed in our brand promise, Here for good.

Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges as well as the Bombay and National Stock Exchanges in India.

For more information please visit www.sc.com. Explore our insights and comment on our blog, BeyondBorders. Follow Standard Chartered on Twitter, LinkedIn and Facebook.

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.