29 February 2024
Team Acumen
SMBC Aero Engine Lease Selects Acumen’s SPARTA Asset Management Platform
Dublin, Ireland – 29-02-2024: Acumen Aviation, a leading Aircraft Asset Management Company is delighted to announce, SMBC Aero Engine Lease (SAEL) has chosen Acumen’s SPARTA Records Dataroom, a centralised secure online Records Management System (RMS) for digitised aircraft engine records storage, retrieval, and collaboration to support its extensive engine portfolio and future growth requirements and is launch customer for SPARTA’s new Continued Airworthiness Management Module (CMM).
SAEL selected SPARTA’s project management technical module, together with its RMS, as an exclusive single platform to plan, execute and schedule fleet wide inspection programs, manage open item lists, inspections, re-delivery, shop visit reports, and securely file and store digitised records combined with SPARTA’s continued airworthiness management module (CMM), which includes track and trace features for AD’s and SB’s and customised asset configuration.
Acumen was able to easily interpret and understand the requirements through its depth of domain knowledge and was therefore equipped to deliver well executed tailored solutions to SAEL, made faster by SPARTA’s open source, new age technology architecture and an experienced product development team. SPARTA is a cloud-based integrated platform designed, based on an in-depth understanding of aircraft asset management, to provide clients with a seamless, connected, and intuitive way of organising and controlling a vast array of data spanning the complete life cycle of multiple assets.
Ameya Gore, Chief Technical Officer - Digital, Acumen said: “It is our pleasure and honour to onboard SAEL as an esteemed customer on the SPARTA platform. SAEL is an established market player and their trust in the SPARTA platform is a fruitful outcome of all the effort we have invested in it. We remain confident as well as committed to exceeding their expectations and delivering SAEL with successful outcomes time after time.”
Majeed Akhtar, Senior Vice President – Asset Management, SMBC Aero Engine Lease said: “SMBC Aero Engines Limited (SAEL) is an industry-leading aircraft engine lessor. We selected the SPARTA platform, and we will benefit from the efficiency improvements it will bring to our day to day engine leasing activities. This will be further complimented by the ability to tailor the platform to match our precise requirements and ever-expanding portfolio of both narrow-body and wide-body engines. We look forward to a long and mutually beneficial relationship in the coming years.”
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 SMBC Aero Engine Lease
SMBC Aero Engine Lease (SAEL) is an Amsterdam-based global engine lessor whose origins began in 2013 as a joint venture between the Japanese Sumitomo Corporation and German MTU Aero Engines. SAEL is currently 100% owned by leading Japanese general leasing company, Sumitomo Mitsui Financing, and leasing Company (SMFL), and SMFL is also a majority shareholder of SMBC Aviation Capital, a top-tier aircraft lessor based in Dublin. With its group companies, SAEL provides customers with a wide range of product line-ups all over the world. Moreover, SAEL partners with global commercial airlines to provide bespoke spare engine financing and leasing solutions that enable them to fund their spare engine acquisitions, cater to their dynamic fleet needs, and support their engine maintenance planning to ensure operational readiness and aircraft availability. SAEL engages in engine trading by collaborating extensively with engine investors and traders to maximize investment value and residual value risk. SAEL provides opportunities for investors to invest in engine leasing by leveraging its domain expertise, robust industry network, and airline customer relationships.
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
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