ORIX Aviation is delighted to announce that it has accepted an invitation to join the Aviation Working Group (AWG), a not-for-profit entity boasting an international membership that comprises major aviation manufacturers, leasing companies and financial institutions contributing to the development of policies, laws and regulations facilitating the advancement of international aviation financing and leasing.

“It is indeed a great honour for ORIX Aviation to be invited to participate on the Aviation Working Group which is known globally as a leader in the conception and implementation of important policies and initiatives pertaining to our core business,” said James Meyler, ORIX Aviation’s Chief Executive Officer. “We look forward to adding our world leading aircraft leasing and asset manager knowledge and experience in assisting AWG in achieving its overarching industry objectives.”

On joining AWG, Dean Gerber, ORIX Aviation’s General Counsel also commented that “The AWG is a leader in the establishment and facilitation of ground-breaking projects pertaining to aircraft leasing, including the Cape Town Convention and the Global Aircraft Trading System (GATS), and ORIX Aviation is proud and pleased to join in assisting AWG with these and it’s other endeavours.”

About Aviation Working Group (AWG):

The Aviation Working Group (AWG) is an industry body comprised of leading aviation manufacturers, financiers, and lessors and its aim is to contribute to the development of policies, laws, regulations and rules that facilitate advanced international aviation financing and leasing. AWG is at the forefront of industry thinking in respect of a wide range of regulatory issues, most notably the development and implementation of the Cape Town Convention, the development and implementation of the Global Aircraft Trading System (GATS), cross-border transferability of aircraft, international export credit, and insurance and liability.

GE Aviation has teamed up with ORIX Aviation to provide the Asset Transfer System (ATS) to enable ORIX Aviation to connect records and data across the global aviation community.

“We are eager to partner with ORIX Aviation as their fleet evolves to meet their airline customer needs,” said Gib Bosworth, global lessor director for GE Aviation. “We’re collaborating to optimize aircraft transitions with our industry-leading project management functionality to enhance their ability to strengthen their technical records management.”

“We are excited to trial GE Aviation’s ATS during our forthcoming aircraft transition projects,” said Mike MacConnie, ORIX Aviation’s Chief Technical Officer. “It is critical that our industry moves toward digital aircraft records transfer and management in an effort to reduce overall transition costs and delays, while, at the same time, improve quality and airworthiness standards.”

The Asset Transfer System is a collaborative tool that streamlines and simplifies the way that leased asset documentation is managed between airlines and lessors by allowing operators to organize records in accordance with industry standard. The system enhances the efficiency of lease returns several ways by helping operators harmonize and standardize files, perform collaborative document reviews with their lessor partners, and transfer files through an intuitive digital user interface.

GE’s asset transfer system includes records management, project management, as well as capability to integrate with other external asset or contract management systems. Users can upload electronic documents directly into the system to organize, view, search, retrieve, download and transfer documents digitally via a web-based browser. The system supports records requirement completion by linking the project management functionality to a digital records repository that is compliant with EASA and FAA records retention and audit requirements.

Congratulations to the ORIX Aviation group who recently participated in The Great Ethiopian Run in aid of Orbis. The group raised an incredible €60,000 which will no doubt be put to great use.

The staff members who took part were:

Oisín Riordan, David Sparks, Ross O’Kane, Mike MacConnie, Katherine McVeigh, James Corby, Conor Power, Paddy Brophy, Tom Kearney, Shane O’Driscoll and Cindy MacConnie.

You can find out more about Orbis and the event here.

Well done to everyone involved!

ORIX Aviation is once again delighted to announce Marie-Louise Kelly’s and Paul O’Dwyer’s nominations as part of Airline Economics 40 under 40 list for 2019. This is the third year that both Marie-Louise and Paul have been nominated.

The full Airline Economics article is available here.