Gamit’s chief operating officer Chris Leese-Wood explains to MRO Management how the organisation is empowering airlines and lessors in end of lease projects.
Gamit (part of the AMAC Aerospace Group of companies) is a key provider of professional and technical support to local and international MROs, airlines, private and corporate aircraft owners. We have modelled our business to be agile allowing us to pivot our services to the needs of our clients.
One particular service that has been a big point of conversation with our clients recently is end of lease services, and with Gamit’s in-house technical services team and our very own software solution Roam (records online asset management), we are empowering airlines and lessors to control these sometimes arduous and expensive projects by digitising their records for smoother transitions and enhanced data accuracy.
Roam is a state-of-the-art technical records management system designed for airlines, lessors and MROs and allows companies to say goodbye to cumbersome paperwork and hello to a seamless digital interface that ensures accuracy, compliance and efficiency during normal day-to-day fleet operations, audits or end of lease and entry to service projects.
Roam is powered by RDOC (Roam document OCR & classification) which takes ‘dirty fingerprint records’, layers them with optical character recognition metadata, then applies a status and sorts using the automated link to the M&E system. This allows our team to effectively process an asset’s entire history promptly, and in a highly organised manner, saving time in lengthy projects which on average can take three months.
End of lease projects can be costly events for airlines with strict penalties in play for delays, missing paperwork and various other contracted stipulations. Additionally, lessors face losses if they are unable to move their asset on to its next customer.
Gamit is actively working to mitigate losses for these parties and is successfully completing projects for various airlines who have employed our technical services team to ensure accuracy and compliance. This streamlines operations, reduces administrative burdens, enhances communication and fosters positive relationships between lessors and lessees.
Gamit’s significant asset management experience ensures that end of lease projects are delivered on time and at reduced cost, while ensuring that the aircraft complies with the terms of the lease agreement.
Beyond the immediate end of lease phase, digitalised records continue to offer benefits. They can serve as valuable references for future lease transactions, aircraft valuations and maintenance planning.
As technology continues to evolve, the benefits of digital record keeping will likely expand, further optimising aircraft leasing processes and ensuring the efficient transfer of assets between parties.
Gamit’s capabilities include materials and parts support, technical services, CAMO services pre-purchase inspection document review, digitalised records and more.
This feature was first published in MRO Management – October 2023. To read the magazine in full, click here.