April 16, 2018
Lessors are progressively utilising asset information-related enabling technologies to
more effectively track engine status, location and future expectations, differentiating
themselves from the competition and maximising maintenance revenue.
Engines constitute the chief drivers of lessors’ maintenance cash flows. Engine performance restorations (PRs) tend to cost more than $2 million for narrowbody and $6 million for widebody aircraft, with life-limited parts (LLPs) adding another $3 million to $6 million to a lessor’s cost base. Having up-to-date information and concrete expectations for engines is imperative for lessors to sustain a formidable competitive advantage.
Zeevo Group principal Joey Johnsen explains that “lessors can use this knowledge to reduce exposure, minimise top-up liabilities and maximise maintenance revenue – it all comes down to determining information important to your company’s financials and deploying the right tools and processes to derive major bottomline impact”.
Read the full Airfinance Journal article here.
About Zeevo Group LLC:
Zeevo Group LLC (“Zeevo”) is a leading global professional services company, delivering advanced solutions designed to reinvent our clients’ operations and unleash their competitive edge. Combining unparalleled experience and deep industry expertise in improving the effectiveness and success of processes, policies, teams, and technology, Zeevo delivers proven results that create sustainable value for our clients’ shareholders and achieve their desired vision. Our business-led, technology-enabled solutions cover all aspects of business, including process design, performance improvement, operations and IT optimization, and finance transformation. www.zeevogroup.com
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