- Air finance
- Announcement
Cirium announces strategic partnership with Aerlytix to advance aviation finance analytics
The collaboration will enhance data analytics capabilities for financial service providers and lessors, powering broader insights and more readily accessible and faster asset and risk management scenario views and reporting.
Cirium, the world’s most trusted source of aviation analytics, has announced a new partnership with Aerlytix. The collaboration will enhance the data analytics capabilities for financial service providers and lessors, powering broader insights and more readily accessible and faster asset and risk management scenario views and reporting.
With pressure mounting on the aviation industry to provide more frequent reports and make metrics more available for advantageous market solutions, this partnership, along with Cirium’s investments in analytics, is positioned to support these challenges through innovative and transparent data solutions. Cirium predicts that 2025 will be a pivotal year for transformative data analytics in aviation finance and digital platforms to assist in investment strategies and asset management.
Jeremy Bowen, Cirium CEO said: “Our Partnership with Aerlytix, combined with Cirium’s continued investment in data and analytics innovation, underscores our commitment to driving transformative advancements in aviation finance. The industry faces mounting pressures for more rigorous financial reporting, enhanced oversight and improved access to financing—key to modernising fleets and facilitating aircraft trading.
Addressing these challenges requires greater efficiencies, transparency and data security. Cirium’s unique expertise in aviation data analytics empowers financial institutions to meet these demands and create smarter financial strategies.”
Cirium’s exclusive relationship with Dublin-based aviation technology company Aerlytix, provides aviation financiers with access to maintenance-adjusted valuations, scenario-based fly-forwards on a single aircraft as well as portfolio valuation reporting through Aerlytix’s advanced digital platform.
The new integrated service leverages the combined strengths of Cirium and Aerlytix by incorporating Cirium Ascend’s comprehensive data – covering fleets, values, maintenance costs, reserves and intervals- alongside Ascend Consultancy’s accredited aircraft valuations expertise, which will be integrated into the Aerlytix proprietary SaaS platform.
Alan Doyle, Aerlytix CEO said: “This integrated service empowers the aviation financial services market to digitize decision-making around asset portfolios, seamlessly embedding analytics into finance and technical workflows. We are delighted to partner with Cirium to drive innovation and set a new standard in portfolio valuations.”
Cirium’s dedication to helping drive the evolution in data analytics within the aviation finance market extends to its recent investments in innovative tools that enable tracking flight and ground activity of aircraft portfolios, monitoring and benchmarking key value and liquidity metrics by aircraft asset class and analyzing aircraft CO2 emissions. Additionally, Cirium is onboarding new technologies to provide businesses with seamless and innovative access to its comprehensive data, including a data warehouse available through platforms such as Snowflake Software.
For Cirium media inquiries please contact media@cirium.com
About Cirium
Cirium® is the world’s most trusted source of aviation analytics. The company delivers powerful data and cutting-edge analytics to empower a wide spectrum of industry players. Equipping airlines, airports, travel enterprises, aircraft manufacturers, and financial entities with the clarity and intelligence they need to optimize their operations, make informed decisions, and accelerate revenue growth.
Cirium® is part of LexisNexis® Risk Solutions, a RELX business, which provides information-based analytics and decision tools for professional and business customers. The shares of RELX PLC are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX.
For further information please follow Cirium® on LinkedIn.
About Aerlytix
Aerlytix is transforming the aviation finance industry across the globe with its cutting-edge SaaS products. By harnessing the power of technology, data and advanced modelling, Aerlytix delivers major productivity wins and brings accuracy and clarity to aviation investment decision-making. Driven and continuously enhanced by its active userbase it is fast becoming the technology solution of choice for industry leading Lessors, Aviation Banks and Aircraft Investors worldwide.
For further information please follow Aerlytix on LinkedIn or visit aerlytix.com.