ORIX Aviation and GE Aviation Sign Asset Transfer System Agreement for Leasing Market

GE Aviation has teamed up with ORIX Aviation to provide the Asset Transfer System (ATS) to enable ORIX Aviation to connect records and data across the global aviation community. Their trial service is expected to start this month.

“We are eager to partner with ORIX Aviation as their fleet evolves to meet their airline customer needs,” said Gib Bosworth, global lessor director for GE Aviation. “We’re collaborating to optimize aircraft transitions with our industry-leading project management functionality to enhance their ability to strengthen their technical records management.”

“We are excited to trial GE Aviation’s ATS during our forthcoming aircraft transition projects,” said Mike MacConnie, ORIX Aviation’s chief technical officer. “It is critical that our industry moves toward digital aircraft records transfer and management in an effort to reduce overall transition costs and delays, while, at the same time, improve quality and airworthiness standards.”

The Asset Transfer System is a collaborative tool that streamlines and simplifies the way that leased asset documentation is managed between airlines and lessors by allowing operators to organize records in accordance with industry standard. The system enhances the efficiency of lease returns several ways by helping operators harmonize and standardize files, perform collaborative document reviews with their lessor partners, and transfer files through a digital user interface.

GE’s asset transfer system includes records management, project management, as well as capability to integrate with other external asset or contract management systems. Users can upload electronic documents directly into the system to organize, view, search, retrieve, download and transfer documents digitally via a web-based browser. The system supports records requirement completion by linking the project management functionality to a digital records repository that is compliant with EASA and FAA records retention and audit requirements.

Leave a Reply