Trish Dromey talks to two Limerick brothers whose start-up seeks to change how aircraft lessors do businessLIMERICK start-up CloudCARDS is seeking €1.5m for the global roll-out of an aircraft asset management system designed for use by airlines and aircraft leasing companies.Launched earlier this year, this is the second software product for the company which was established in 2013, when brothers and co-founders Brian and Barry Fitzgerald saw an opportunity to supply services to Ireland’s booming airline leasing industry.“We set out revolutionise the aircraft delivery, redelivery, and asset management process,” said CloudCARDS’ chief technology officer Barry Fitzgerald.Its initial offering CARDS (Civil Aircraft Remote Delivery Systems), designed to manage the delivery and redelivery of leased aircraft, was launched in 2013. “We are now selling licenses around the world and our customers include some the world’s top aircraft leasing companies,” said Mr Fitzgerald.CloudCARDS now has even bigger plans for its second product AMS (Asset Management Software) which was released late last year and is designed for use by both leasing companies and airlines to manage the day-to-day technical and financial transactions involved in leasing.While the company’s first product CARDS can be used by leasing companies during the transition which takes place after a… Read full this story
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