LeaseWorks Deal Management Software to Power Hanwha Aviation’s Commercial Operations
STAMFORD, CT, June 18, 2024 – LeaseWorks®, a Portside company, today announced the addition of a new customer, Hanwha Aviation (“Hanwha”), an engine and aircraft leasing and trading platform launched by Hanwha Group.
Hanwha selected LeaseWorks’ CRM solution, part of the AerisTM MATCH product, to support its day-to-day operations, as it targets to deploy a long-term, vertically integrated strategy for transaction management of new-gen aero-engines and aircraft on a global scale.
“With my prior familiarity with the LeaseWorks product, I am well aware of the advantage it can give a leasing company in the marketplace,” said Jeff Lewis, Hanwha’s Chief Executive Officer. “As we plan to grow our newly launched leasing platform rapidly, we will require a well-structured deal process. I am certain Aeris MATCH will deliver the level of functionality and proven reliability required to help us achieve our target of over 1,000 assets within the next decade.”
“There is no higher commendation of your product than a repeat customer,” said Haseem Vazhayil, LeaseWorks’ Chief Executive Officer. “We are excited to know that Aeris MATCH has proved itself valuable to the commercial teams of both established and start-up aviation lessors around the globe. We are excited to work with Jeff and his talented team at Hanwha to help the company scale and become a world-class leasing platform”
Aeris MATCH now supports dozens of the world’s leading aviation financing platforms, digitizing their operations and enhancing LOI and deal turnaround times. Built specifically for aircraft leasing, it empowers marketing and sales teams with data to drive better commercial outcomes.
About Hanwha Aviation
Hanwha Aviation is the commercial aircraft engine leasing platform established as a subsidiary of Hanwha Group in 2024, offering customized vertically integrated leasing solutions to customers globally with offices in Singapore, Ireland, and USA. Hanwha, founded in 1952, is a Fortune Global 500 company group with $65.3 billion in total sales and $179.7 billion in total assets. As a global leader with a diversified business portfolio covering green energy; materials; aerospace, ocean & mechatronics; finance; and retail & services, Hanwha delivers future-ready solutions and impactful innovations that power industries and enrich communities. www.hanwha-aviation.com
About Portside
Portside is a leading provider of advanced software solutions for the global aviation industry, serving business and corporate aviation, government operators, commercial airlines, and aircraft leasing and finance organizations. With more than 235 professionals, Portside serves over 1,100 enterprise customers worldwide. For more information, visit www.portside.co.
Media Contact:
Lynn Moore
media@portside.co
843-342-3921