Dallas, Texas-based aviation advisory and brokerage firm Mente Group as become the first consulting firm to incorporate MySky's spend management platform, MySky Budget.

Mente Group will incorporate MySky Budget to give its clients a detailed picture of the total annual running costs of any aircraft type they are looking to purchase, as well as MySky Quote, which generates precise estimates for each leg of an aircraft mission.

MySky head of Americas Jean De Looz says: “We are delighted Mente Group has selected MySky's products to further elevate its already world-class aviation consulting services. Working with such a respected organisation signifies the credibility and importance of MySky's offering, as well as the increasing need to use technology to improve transparency across the industry and ensure smoother operations.”

Vince Restivo, chief operating officer at Mente Group, adds: “As leader in private aviation, we are constantly looking for ways to deliver value to our clients. MySky's cutting edge AI technology enables us to incorporate realtime localised financial data into our comprehensive fleet plan and feasibility studies.”

MySky and Mente Group are collaborating on additional products to bring more asset management tools to aircraft owners and operators.

MySky co-founder and global strategy director Chris Marich adds: “For too long there has been a knowledge gap for private jet owners about the real cost of aircraft ownership that goes beyond asset acquisition. MySky Budget replaces outdated and legacy databases to provide owners with accurate financial insight, as well as allowing them to analyse costs between any aircraft type, whether new or pre-owned. We recognise that both companies have access to valuable aviation data, and we look forward to partnering with Mente Group to provide our clients with additional aircraft asset management tools.”