- 05 June 2024
- Team Acumen
Hanwha Aviation Chooses Acumen Aviation's SPARTA Platform for Cutting-Edge Asset Management
Dublin, Ireland – 05-06-2024: Acumen Aviation (Acumen), a premier aircraft asset management company, proudly announces its collaboration with Hanwha Aviation (Hanwha), the newly established commercial aircraft engine leasing platform and subsidiary of Hanwha Group. Hanwha has selected Acumen's flagship platform, SPARTA, to manage its entire fleet of aviation assets on lease. This strategic decision underscores Hanwha's commitment to leveraging digital advancements for efficient and effective asset management.
Acumen’s SPARTA platform offers Hanwha a comprehensive suite of applications, including lease management, project management, and records management modules. With SPARTA, Hanwha will streamline its operations, enhance decision-making processes, and ensure compliance with industry standards.
SPARTA's revolutionary approach to aviation asset management empowers organizations like Hanwha to optimize their leasing operations, minimize risks, and maximize returns on investment. By digitizing and centralizing critical processes, SPARTA enables real-time monitoring and analysis, facilitating data-driven decision-making and fostering greater transparency across the leasing lifecycle.
Hanwha adoption of the SPARTA platform underscores the growing demand for digital solutions in aviation asset management. As the industry continues to evolve, innovative technologies like SPARTA are poised to play a pivotal role in shaping its future.
Alok Anand, Chairman & Chief Executive Officer – Acumen Aviation, said: “We are proud to support Hanwha Aviation in their journey to establish a strong foothold in the aviation leasing industry. Our SPARTA platform is designed to empower organizations of all sizes with the applications they need to succeed in today's dynamic market. By leveraging SPARTA's capabilities, Hanwha Aviation can effectively manage their assets, mitigate operational challenges, and capitalize on emerging opportunities.”
Jeff Lewis, Chief Executive Officer - Hanwha Aviation, said: "We're thrilled to collaborate with Acumen Aviation, and SPARTA as our software partner, empowering our asset management team. Launching this business from scratch is a privilege, and the SPARTA platform lays the groundwork for us to adeptly oversee our engine and aircraft assets, enhancing decision-making efficiency and optimizing investment returns. SPARTA affords us a comprehensive view in navigating technical asset management."
About Acumen Aviation
Acumen is an aircraft asset lease manager with a global platform, established in 2009, headquartered in Ireland with offices in India, China, and the USA. Acumen’s management team has over 300 years of cumulative experience with a permanent staff of over 90 people. Acumen offers a full range of services throughout the lifecycle of the aircraft including aircraft sourcing, pre-purchase inspections (physical and records), project management, lease management, re-marketing, fleet audits, aircraft trading, powerplant management, aircraft valuations and CAMO services. Acumen embraces new technologies and has a dedicated digital transformation business arm providing market driven products and services to the sector. This includes Acumen’s state-of-the-art asset management platform, SPARTA, as well as its digital success advisory (DSA), offering specific software development and design solutions to help clients meet the challenges and requirements of the digital age. Its customers include aircraft lessors, airlines, banks, private equity, and investors.
About Hanwha Aviation
Hanwha Aviation is the commercial aircraft and engine leasing platform established as a subsidiary of Hanwha Group in 2024, offering customized vertically integrated leasing solutions to customers globally with offices in Singapore, Ireland, and USA. Hanwha, founded in 1952, is a Fortune Global 500 company group with $65.3 billion in total sales and $179.7 billion in total assets. As a global leader with a diversified business portfolio covering green energy; materials; aerospace, ocean & mechatronics; finance; and retail & services, Hanwha delivers future-ready solutions and impactful innovations that power industries and enrich communities.
For more information please contact:
Acumen Press Office: America
Location: Florida, USA
Phone: +1 954 999 8060
sean.oconnor@acumen.aero
Acumen Press Office: China
Location: Beijing, China
Phone: +861062434080
livia.liu@acumen.aero
Acumen Press Office: Europe
Location: Dublin, Ireland
Phone: +353 86 2424777
martin.corcoran@acumen.aero
Acumen Press Office: Central Asia
Location: GIFT City, India
Phone: + 91 9004689255
kumar.narayanaswami@acumen.aero
Acumen Press Office: South Asia
Location: Bangalore, India
Phone: +91 8077158460
Disclaimer:
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