ProvenAir Technologies has launched a cloud-based Lease Management platform for aerospace asset owners, creating a single system to track portfolio assets and the lease economics attached to them. The software replaces spreadsheets and manual workflows widely used across the sector and was developed with commercial aircraft and engine lessor RESIDCO as design partner.
A key feature, Fly Forward Economics, combines lease-value and return-condition forecasting with maintenance and traceability records in one view. Scott Daniels, managing director, aviation at RESIDCO, said the system gives the team lease and asset data in one place with a real-time view, helping it respond faster to basic portfolio questions.
The launch adds a leasing-focused layer to ProvenAir’s wider aviation data tooling, which has centred on records management and traceability. By bringing lease, maintenance and return-condition data into a single platform, the product targets a process that has historically been fragmented across multiple files and workflows.