Regional One, a purchaser, lessor, and seller of aircraft, aircraft parts, engines and engine parts, has chosen Acumen Aviation’s (Acumen) SPARTA Enterprise Asset Management software solution to support its entire fleet, comprising of more than 170 aircraft, engines, and other major assemblies.
SPARTA is a cloud-based integrated platform designed, based on an in-depth understanding of aircraft asset management, to provide clients with a seamless, connected and intuitive way of organizing and controlling a vast array of data spanning the complete life cycle of multiple assets. Regional One is unique in its business model and provides some unconventional leasing solutions to its customers.
The company has chosen Acumen for a long-term deal and its SPARTA solution as a platform of choice for its Asset Management functions. Owing to SPARTA’s open source, new age technology architecture, and an experienced product development team, Acumen was able to easily interpret and understand the requirements and therefore deliver well executed tailor-made solutions to Regional One.
Examples of some specific solutions developed by the Acumen team for Regional One include Hybrid (Fixed and PBH combination) Rentals, Maintenance Reserve management, automation for setting up banking and
lessor details, flexibility in generating invoices on demand, cashflow management / analysis and customized management reports. This SPARTA implementation project has also provided Acumen with deep insights which will be used to drive further product improvements.