Staffordshire, UK – 17th July 2018 – FLYdocs, the aviation data and records management software provider and global industry leader in managing the lease transfer of aircraft and assets, today announced that CDB Aviation Lease Finance DAC (“CDB Aviation”), a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited, selected FLYdocs to provide the software and technical services to manage its commercial fleet.
Following a comprehensive RFP process late in 2017, the FLYdocs platform was selected to underpin and streamline CDB Aviation’s asset management function, along with supporting technical services from FLYdocs’ aviation experts to assist in the data migration and records build for an initial 100 aircraft. The complete fleet will eventually be managed within the platform, with the first fully digital aircraft transition enabled by the FLYdocs platform due in Autumn 2018.
“We are committed to building best-in-class asset management operations which deliver increased value both internally and externally,” commented CDB Aviation Head of Asset Management Justin Goatcher. “FLYdocs supports our approach, and the platform’s superior functionality will provide us ease of use and multi-user web access to technical aircraft records from anywhere in the world.”
John Bowell, FLYdocs’ Director of Global Sales, commented: “Having such a prestigious marque brand as CDB Aviation as a client is testament to our continued investment in developing the industry’s best asset management and aircraft trading platform. We are delighted to be working alongside the CDB Aviation team, and helping them to enjoy the full benefits of paperless aircraft transitions.”
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 280 employees and is headquartered in Tamworth, Staffordshire, UK, with offices in India, Philippines, China and the US. https://flydocs.aero/
About CDB Aviation
CDB Aviation Lease Finance DAC (“CDB Aviation”) is a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”) a 34-year-old Chinese leasing company that is backed mainly by the China Development Bank. China Development Bank is under the direct jurisdiction of the State Council of China and is the world’s largest development finance institution. It is also the largest Chinese bank for foreign investment and financing cooperation, long-term lending and bond issuance, enjoying Chinese sovereign credit rating.
CDB Leasing is the only leasing arm of the China Development Bank and a leading company in China’s leasing industry that has been engaged in aircraft, infrastructure, ship, commercial vehicle and construction machinery leasing and enjoys a Chinese sovereign credit rating. It took an important step in July 2016 to globalize and marketize its business – listing on the Hong Kong Stock Exchange (HKEX STOCK CODE: 1606). www.CDBAviation.aero