LeaseWorks Partners with Crestone to Transform Aviation Asset Management
LeaseWorks®, a Portside company known for its innovative solutions, has announced an exciting collaboration with Crestone Air Partners, Inc. This partnership aims to enhance the digital strategy of the aviation asset manager, focusing on leveraging technology to drive efficiencies and growth.
Driving Growth through Advanced Analytics
As Crestone Air Partners continues its expansion, the expertise of LeaseWorks will be pivotal. Their software solutions are designed to harness the power of advanced analytics, enabling informed decision-making while automating essential business processes. Haseem Vazhayil, the President of LeaseWorks, emphasizes that this cooperation is crucial for facilitating Crestone's ambitious growth trajectory.
Transforming Operations with Aeris MATCH™
Crestone will integrate Aeris MATCH™, a platform that automates various commercial activities. This innovation allows Crestone to manage trading, marketing, and gather market intelligence efficiently. The automation ensures that decisions are based on real-time data, establishing a competitive edge in the market.
Streamlining Aircraft Management with Aeris ASSET™
Following the purchase or leasing of aircraft, employing Aeris ASSET™ will automate essential tasks such as contract management and finance operations. This system not only ensures compliance with contract stipulations but also facilitates timely collection of invoices, thus protecting the value of the assets.
Commitment to Operational Excellence
According to Kevin Milligan, CEO of Crestone, having immediate access to pertinent information is vital for achieving success as an asset manager. With these innovative systems, Crestone aims to manage its assets more effectively and scale operations as the company expands. Milligan expresses excitement over the partnership, which aligns with Crestone's dedication to innovation and operational excellence.
A Vision for the Future
Vazhayil expresses optimism about collaborating with Crestone's skilled team. The vision is clear: to embed digitization deeply into Crestone's operations, thereby enabling them to deliver outstanding results for both investors and customers. This alignment reflects a broader strategy of leveraging technology to enhance efficiency and performance in the aviation sector.
About Crestone Air Partners, Inc.
Crestone Air Partners, Inc. (CAP) specializes in investing in commercial jet aircraft and their engines for their capital partners. They offer a comprehensive aviation asset management platform with a diverse portfolio of globally leased aircraft and engines. Crestone focuses on secondary market transactions, particularly those assets nearing the end of their life cycle. Their collaborative approach allows for flexible lease terms tailored to meet the unique requirements of their clients, enhancing the value they bring to each transaction.
About LeaseWorks
LeaseWorks®, a recognized entity within the Portside group, delivers cutting-edge cloud-based products and services tailored for the aviation leasing industry. They offer solutions that cater to both lessors and airlines, notably through Aeris MATCH™ and Aeris ASSET™. These platforms serve to accelerate aviation asset deployment and manage the complexities surrounding aviation leases, forming a comprehensive life-cycle management system for leased assets.
Frequently Asked Questions
What is the focus of the LeaseWorks and Crestone partnership?
The partnership centers on enhancing Crestone's digital strategy through advanced technology and automated processes.
How will Aeris MATCH™ benefit Crestone Air Partners?
Aeris MATCH™ will automate various commercial activities, aiding in trading, marketing, and gathering crucial market intelligence.
What role does Aeris ASSET™ play in the partnership?
Aeris ASSET™ streamlines contract and finance operations related to aircraft management, ensuring compliance and efficiency.
What is the strategic vision behind this collaboration?
The vision aims to digitize Crestone's operations, promoting better organization and enhanced efficiency for long-term success.
What does Crestone Air Partners specialize in?
Crestone specializes in managing and investing in commercial jet aircraft and engines, with a focus on delivering tailored solutions in aviation asset management.
