What exactly is aircraft asset management?

Aircraft asset management is really a programmatic method of proactively managing the parts, services, and costs involved in sustaining one or much more aircraft across each and every aircraft’s valuable life, from initial acquisition to final disposition. Get far more information about CAMO aircraft maintenance

It is especially helpful when used as part of an operator’s ongoing partnership with an MRO partner. Ideally, the program is customized to match the management structure with the owner of the aircraft(s) – an airline, as an example – to ensure smooth integration with their systems.

Sustaining an aircraft across its helpful lifespan is an pricey undertaking below any circumstances – specially a sizable commercial aircraft. And if an airline has an entire fleet of airliners to maintain airworthy, the require for shrewd, orderly management of the maintenance assets becomes paramount.

The all round objective of aircraft asset management would be to decrease ownership expenses, upgrade aircraft efficiency, extend aircraft service life, and to supply more accounting flexibility, which includes changing capital expenditures into easier-to-manage operating expenses. It also has the benefit enhancing aircraft safety by means of part tracking and verification, as well as guarding aircraft residual values.