Published on January 24th, 2020 | by Mark Dwyer0
Acumen Aviation Releases 2019 Operational Review
Dublin based Acumen Aviation has released its 2019 Operational Review. The operational review shows stability overall and includes the positive movement of some key company disciplines. These include asset appraisal services, which has grown threefold, and in particular, the number of assets valued for ABS, which has surged, quadrupling since 2018. Acumen has continued to develop its capability as a complete asset management company.
Acumen’s Digital arm has been rewarded through the sustained and increased growth of its popular asset management platform, SPARTA. This platform was launched as an enterprise model and was further expanded this year to offer a Pay-As-You-Go facility, which is beginning to show results.
Acumen’s technical asset management and data management support services remained stable. This activity included asset returns / transitions, aircraft inspections, and records management. CAMO has proved to be an excellent addition to the overall business offering, delivering seventeen projects and, although the engine management business has seen only a modest upturn, this a positive start given the competitiveness of the market.
Client share distribution and global footprint remain largely unaltered. However, Acumen’s growth in Asia-Pacific has more than tripled in the last year accounting for as much as 58% of activity and 23% of client share.
Acumen Aviation and Blueberry Aviation Announce Co-operation Agreement
Acumen Aviation and Blueberry Aviation, both leading Aircraft Asset Managers announced a co-operation agreement last week. This agreement draws from the strength of each party and provides both with a greater combined opportunity to support their growing client base. Services provided will offer cradle to grave asset management from evaluation and sourcing aircraft to managing day to day requirements through to transitions and remarketing.
Acumen Aviation CEO Alok Anand said “I am delighted about the opportunity to collaborate with Blueberry Aviation and look forward to enhancing the service provided to our mutual clients.”
Blueberry Aviation CEO Francois Gautier said “I am thrilled about our new co-operation with Acumen Aviation and I have no doubt this synergy will yield exciting new opportunities for our respective customers.”