ProvenAir Technologies Launches New Lease Management, Developed with RESIDCO as Launch Customer

Lease Management unifies asset traceability and lease economics in a single system, giving lessors one connected view of their portfolio and its financial performance.

ProvenAir Technologies, a premier provider of cloud-based back- to-birth traceability solutions for the aerospace industry, announced the deployment of its new Lease Management platform. Developed in close collaboration with RESIDCO, a commercial aircraft and engine lessor, Lease Management gives asset owners a single system to track their portfolio and the lease economics governing it, replacing the spreadsheets and manual processes that have long defined the industry.

As ProvenAir’s design partner, RESIDCO worked side-by-side with the product team throughout development, shaping the platform’s core workflows around real portfolio and lease scenarios. That partnership produced Fly Forward Economics, Lease Management’s flagship capability, which brings lease-value and return-condition forecasting into the same view as the underlying maintenance and traceability records.

“Working with ProvenAir on this platform means we now have lease and asset data in one place and with a real-time view. It’s changed how quickly we can answer basic questions about our own portfolio” said Scott Daniels, Managing Director-Aviation at RESIDCO.

“RESIDCO pushed us to think about the lessor’s side of the business the same way we think about traceability: rigorously, and from the ground up,” said Chris Kubinski, CEO of ProvenAir Technologies. “Lease Management is the result of that partnership, and it’s the clearest example yet of what happens when we build alongside a customer instead of just for one.”

“Fly Forward Economics came directly out of conversations with RESIDCO’s team about what they actually needed to see day to day,” said Zack Wand, Director of Product & Engineering at ProvenAir Technologies. “It’s the kind of feature you can only build with a design partner in the room.”

Lease Management is available now to ProvenAir customers and lessors industry-wide, as a standalone platform or alongside ProvenAir’s existing AI-powered back-to-birth trace solution.

About ProvenAir Technologies, LLC:

ProvenAir Technologies is a premier provider of cloud-based solutions designed to digitally capture, analyze, and manage back-to-birth traceability data for life-limited aerospace components such as landing gear, engines, and auxiliary power units (APUs). Engineered to streamline the entire component traceability process, ProvenAir significantly accelerates inspection, maintenance, and record-keeping workflows by transforming complex maintenance records into clear, accurate, and actionable insights. By utilizing advanced artificial intelligence (AI) and proprietary algorithms, ProvenAir empowers OEMs, MROs, and operators to quickly identify discrepancies, ensure regulatory compliance, and enhance overall asset management efficiency. ProvenAir’s centralized platform simplifies trace analysis from weeks to mere hours, delivering reliable documentation and fostering confidence throughout the aerospace supply chain. ProvenAir’s Lease Management platform extends that same clarity to aircraft asset lessors, bringing lease economics and traceability together in a single system.

About RESIDCO:

Founded in 1982, Chicago-based RESIDCO is a privately held transportation equipment leasing company. Acting as principal, RESIDCO has built a robust lease portfolio specializing in mid- to end-of- life commercial aircraft, engines and components. Our team of industry experts has extensive experience structuring operating leases, acquiring and remarketing assets, and arranging sale-leasebacks of commercial aircraft and engines.