Nordic Aviation Capital contracts FLYdocs to digitise fleet records
Document build and audit enables rapid re-marketing and fleet transition
FLYdocs, the aviation data and records management solution provider and global industry leader in managing the lease transfer of aircraft and assets, today announced the successful completion of the digital document build and audit of 17 Dash 8 Q400 aircraft on behalf of Nordic Aviation Capital (NAC), the global leader in regional aircraft leasing.
During 2017, NAC had 17 aircraft on lease to LGW, a German subsidiary of the Air Berlin Group. With rumours circulating in late 2017 of Air Berlin’s closure, NAC had an urgent requirement for a complete fleet digital records build and audit to facilitate the immediate re-marketing and leasing of their aircraft to another Operator, should the unfortunate need arise.
NAC began working with FLYdocs in September 2017. At the NAC site in Berlin, the FLYdocs technical team scanned and uploaded over 400 boxes of records. In just 17 days, a total of 1,134, 359 pages were scanned – representing a staggering 67,000 pages per day. Equally impressive is what followed – the complete build and audit of 2 aircraft per week.
Barry Keenaghan, AVP Transaction Asset Management at NAC comments:
“We were initially impressed by the technical capabilities of the FLYdocs platform and confident that FLYdocs had the global scale to fulfil such a time-critical programme. We contracted FLYdocs to manage the complete project from scanning to audit, and with the fleet already in transition to their new Operator, we have the FLYdocs team to thank for their hard work and expertise in challenging circumstances.”
FLYdocs Director of Global Sales, John Bowell adds:
“The future of no airline can be guaranteed, and therefore it is in every lessor’s best interest to have an up-to-date digital document build of their flights records as an insurance policy to minimise losses due to external factors beyond their control. At FLYdocs, we are committed to going above and beyond for our clients, and I commend our team who delivered exceptional results to ensure NAC’s timescales were met. We delivered on our promise, and importantly helped put NAC in a position to quickly re-market their fleet and safeguard revenues.”
About Nordic Aviation Capital:
NAC is the industry’s leading regional aircraft lessor serving over 70 airline customers in 48 countries. The company provides aircraft to well-established carriers, such as British Airways, Air Canada, LOT, Azul, Lufthansa, Garuda, Flybe, Aeroméxico and airBaltic as well as major regional carriers including Air Nostrum and Widerøe. NAC’s current fleet of over 450 owned and managed aircraft includes E170, E175, E190, E195, ATR 42, ATR 72, Bombardier Dash 8, CRJ900, CRJ1000 and CS300. In addition, the group has circa 50 aircraft on firm order. NAC is the largest owner and lessor of both ATR and Bombardier aircraft in the world. Visit www.nac.dk.
FLYdocs is the world’s most advanced aircraft data and records management platform. The FLYdocs Big Data solution is utilised by airlines and lessors worldwide to efficiently manage assets, data and records in real time to transition assets at sale or end of lease on-time in a fully paperless way.
The FLYdocs system is underpinned by an aggressive software development programme which has new modules available for customers including Project Management, FLYsign Digital Sign-off [with electronic workflows], Authorisations & Training Records Management and the FLYdoc integrated electronic documentation and authoring system.
FLYdocs provides aircraft records management software, related outsourcing solutions and technical aviation services. It has 250 employees and is headquartered in Tamworth, Staffordshire, UK, with offices in India, Philippines, China and the US.