Asset Insight launches ADAPT tool

Asset Insight has introduced a new tool called the Asset Decision-making And Planning Tool (“ADAPT”),

ADAPT allows fleet owners, operators, aircraft management companies, banks, lessors, dealers and brokers to manage the financial aspects of aircraft maintenance for their entire fleet, a sub-set of their fleet, and by individual aircraft.

“Since Asset Insight’s start, flight department managers, aircraft finance professionals, and fleet operators have been asking us for a simple tool to help them easily visualize the maintenance condition of multiple aircraft concurrently, and the impact maintenance condition has on the value and marketability of each asset in their fleet.”

Tony Kioussis, president of Asset Insight said: “Since Asset Insight’s start, flight department managers, aircraft finance professionals, and fleet operators have been asking us for a simple tool to help them easily visualize the maintenance condition of multiple aircraft concurrently, and the impact maintenance condition has on the value and marketability of each asset in their fleet. ADAPT is a direct response to those requests, providing real-time information for a specific aircraft and the entire fleet, along with tools to help users make informed decisions about their entire portfolio or an individual asset”

“In preparation for the public launch of ADAPT, we spent countless hours with prospective users, fine-tuning the system’s interface and reporting. In the process, ADAPT has been very well received, including numerous prelaunch subscribers,”added Kioussis.

ADAPT can be used to maintain up-to-date financial information covering maintenance condition of all aircraft in a fleet. The tool allows users to track individual aircraft estimated inspection completion dates and event maintenance costs, as well as the ability to modify maintenance costs based on specific needs, such as geographic location.