NOVEMBER 14TH, 2016

KLM signs agreement for AerData software and services

Amsterdam, The Netherlands; 14th November 2016 – AerData, a Boeing Company, announced today an agreement for AerData’s Secure Technical Records for Electronic Asset Management (STREAM) and Engine Fleet Planning And Costing (EFPAC) software and managed services. AerData’s software and services improve efficiencies and enhance competitiveness for customers, including some of the world’s largest airlines, lessors and MROs.

EFPAC is the leading engine management solution, specifically designed to maximize time on-wing by optimizing engine maintenance planning. With EFPAC, engine maintenance planning, spares availability and budgets can be optimized in real time by integrating technical and operational data with lease requirements and fleet renewal considerations, resulting in significantly reduced costs per flight hour.

STREAM is the industry’s foremost web-based solution to manage aircraft and engine records. With STREAM and AerData’s expertise, KLM Engine Division will process all their historical paper records and implement electronic records filing procedures in all phases where records are produced. As a result, KLM Engine Division is able to address customer enquiries more swiftly and lower costs, whilst simultaneously complying with the latest industry standardizations in records and engine transitions.

Commenting on the announcement, Paul Chun, VP Engine Services at KLM said, “We see the aircraft agnostic software and service solutions as an added value to lower our cost. With this agreement, we have renewed access to expertise in the leasing market where nowadays digital records, diagnostics and maintenance plan optimizations are key to lowering costs and increasing efficiency, especially where aircraft transitions are at stake. This agreement marks our competitiveness in the market from which we, as well as our MRO customers, will benefit.”

Commenting on the announcement, Matthew Bull, CEO of AerData said, “We are very proud in serving KLM with AerData’s industry leading software products and services. AerData’s partnership with KLM is an example of how together our businesses can thrive though the leveraging of software and services which changes the equation in operational efficiency.”