AUSTIN, TX -- July 30, 2024 – Genesis, a leading full-service aircraft leasing company, has implemented GE Aerospace’s Asset Transfer System (ATS) to enhance operational efficiency across its robust fleet of over 60 commercial aircraft. Since implementing ATS in late 2023, this best-in-class software has empowered Genesis to streamline the transaction process, accelerate records transfer, and reinforce its commitment to superior customer service.
GE Aerospace and Genesis celebrate Genesis' adoption of ATS during a signing ceremony at the Farnborough Air Show.
Genesis was introduced to the platform through a collaboration with an existing ATS customer and quickly determined this solution possessed the capacity to optimize and enhance its own operations. Following its evaluation, Genesis partnered closely with GE Aerospace’s Software as a Service (SaaS) group to implement ATS and migrate its historical records within a record timeline, demonstrating the software’s user-friendliness and ease of integration. Since the introduction of ATS into its operations, Genesis has leveraged the program across numerous projects, including several transactions with other lessors.
"At Genesis we are committed to delivering superior solutions and service to our airline customers. Implementing GE Aerospace’s ATS has allowed us to better serve our customers and concurrently accelerate our operations,” remarked Brian Dowling, Chief Technical Officer at Genesis. “We are extremely pleased with the performance and reliability of the ATS platform and look forward to leveraging it further as our business expands and grows.”
"We are excited to have Genesis join our growing family of ATS users. Their quick adoption and successful implementation of the platform are a true testament to the value ATS can bring to the aviation leasing industry,” said Andrew Coleman, General Manager of GE Aerospace, SaaS.
About Genesis:
Genesis is a full-service aircraft lessor based in Dublin, with 30 customers in 22 countries across the globe. The Genesis portfolio, an all narrow-body aircraft fleet, currently comprises 61 owned, managed and committed Boeing and Airbus aircraft. Genesis was established in 2014 by global financial service firm Barings.
About GE Aerospace:
GE Aerospace (NYSE:GE) is a global aerospace propulsion, services, and systems leader with an installed base of approximately 44,000 commercial and 26,000 military aircraft engines. With a global team of 52,000 employees building on more than a century of innovation and learning, GE Aerospace is committed to inventing the future of flight, lifting people up, and bringing them home safely. Learn more about how GE Aerospace and its partners are defining flight for today, tomorrow and the future at www.geaerospace.com.
GE Aerospace software solutions put aviation data to work with products and services that empower airlines to run robust and resilient operations. Flight Ops, Tech Ops, and Maintenance and Reliability Analytics solutions from GE Aerospace help aircraft operators enhance safety and efficiency, reduce operational disruptions, improve passenger experience, and make better decisions regarding real-time fleet health. For more information, visit www.GEAerospace.com/systems/saas.