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Press Release

Issued by Amstat.

October 11, 2019

AMSTAT announces AMSTAT for Salesforce version 2.0, an upcoming version 3.0 and upgraded AMSTAT Aircraft Valuation Tool at NBAA-BACE 2019

AMSTAT, for 37 years the leading provider of business aircraft market, fleet and operator information, will be demonstrating the latest versions of the ground breaking AMSTAT for Salesforce app and AMSTAT Aircraft Valuation Tool at this year's National Business Aviation Association - Business Aviation Convention & Exhibition (NBAA-BACE).

The AMSTAT for Salesforce app, which streamlines the workload for aviation sales professionals and CRM administrator's working with both AMSTAT and Salesforce, was first released in January 2019. Version 2.0 was released in September this year and was designed to enhance the experience of clients with existing Salesforce implementations that already include large databases of clients and sales opportunities. “Version 3.0, on display at NBAA-BACE, will incorporate existing client feedback, expand the aircraft content already provided in the app and will add functionality to create an aircraft custom object or to integrate with a client's existing custom aircraft object,” said Kit Tankhiwale, AMSTAT senior product innovator. “AMSTAT also offers use of its API for integration with other third-party applications.”

AMSTAT will also be demonstrating the latest version of the AMSTAT Aircraft Valuation Tool (AVT) which was developed in partnership with Vangas Aviation Services and calculates real-time aircraft values. This version uses “big data” to objectively calculate the statistical value of specific aircraft attributes. “One can argue about the exact value that, say winglets, add to any given aircraft,” said Andrew Young, AMSTAT general manager, “But the AVT now objectively and statistically calculates these values based on decades of historical market activity and aircraft sold price data. This is a first for AMSTAT and the industry, and we are excited to showcase this at NBAA.”

In addition to upgrades to the AMSTAT for Salesforce app and the AMSTAT Aircraft Valuation Tool, AMSTAT will also be showing off recent updates and upgrades to AMSTAT Premier, its flagship service, including a new customisable dashboard, expanded aircraft flight tracking histories, updated ADS-B data by serial number and expanded make model coverage.

AMSTAT will also be holding two breakout sessions at NBAA-BACE, on Wednesday, October 23, 2019 at the Orange County Convention Center, Orlando, Florida in Room N239. The first session, at 11.00am - 12.00pm, will be on the use of the AMSTAT Aircraft Valuation Tool and big data to create aircraft values. The second, at 2.00 - 3.00pm, will be a tutorial on using the AMSTAT for Salesforce app.

AMSTAT will be exhibiting at NBAA-BACE from booth #N2623.