GE Aviation, Falko sign asset transfer system agreement for leasing market

GE Aviation, Falko sign asset transfer system agreement for leasing market:


5 November 2019: GE Aviation has entered into an agreement with Falko Regional Aircraft Limited to offer the AirVault Asset Transfer System across its portfolio of Regional Aircraft including Embraer, Bombardier, Bae Systems and ATR airplanes. The implementation is expected to begin by Q4, 2019.

"Falko's fleet is constantly evolving to meet their customer needs. We're helping them to streamline technical records to enhance their ability to strengthen their asset lifecycle management across the fleet," said Gib Bosworth, global lessor director for GE Aviation.

"We are excited to partner with GE's AirVault Asset Transfer System in order to complement Falko's exiting Continuing Airworthiness Management Organization to manage the transfer of aircraft records between Lessor and Lessee. The platform offered by AirVault ATS will help consolidate large amount of data and significantly enhance our ability to support new and existing customers" said Ian Dear, vice president of Technical Operations for Falko Regional Aircraft Ltd.