Lease & Revenue Management

Managing airport leases, tenant relationships, and aeronautical revenue across dozens of agreements and stakeholders is a complex, error-prone process when handled through spreadsheets and disconnected systems. Aerosimple's Lease & Revenue Management solution brings every contract, billing cycle, space assignment, and compliance obligation into a single, auditable platform.

What's included

• Lease & Contract Management — author, execute, and track all lease and license agreements with automated renewal alerts and version control.
• Property & Space Management — map hangars, terminals, ramps, and commercial spaces to tenants with real-time occupancy visibility.
• Tenant & Stakeholder Management — maintain a complete record of every tenant, subtenant, and stakeholder with contact history and document storage.
• Financials & Billing — automate rent calculations, generate invoices, and reconcile payments against lease terms.
• Revenue Management — monitor aeronautical and non-aeronautical revenue streams with dashboards built for airport finance teams.
• GASB 87 — meet governmental accounting standards with automated right-of-use asset and lease liability calculations.
• Based Aircraft Management — track based aircraft assignments, tie-downs, and hangar tenancies linked directly to lease records.
• Waitlist Management — maintain transparent, auditable waitlists for hangars and tie-down spaces with automated notifications.
• Hangar Inspections — schedule and record hangar condition inspections, linking findings directly to tenant records and lease obligations.
• Tenant Self-Service Portal — empower tenants to view invoices, submit requests, and access lease documents without airport staff intervention.

Why it matters

Lease administration errors and billing delays directly erode airport revenue and damage tenant relationships. Automated billing tied to executed lease terms eliminates manual calculation mistakes, accelerates cash collection, and gives finance teams a real-time view of what is owed and what has been collected.

Compliance with GASB 87 governmental lease accounting standards requires precise tracking of lease classifications, commencement dates, and liability schedules. Built-in GASB 87 support means your accounting team can produce audit-ready reports without rebuilding data from scattered sources each quarter.

Transparent waitlist and space management reduces the risk of disputes and fair-access complaints — a growing concern for publicly owned airports. A single source of truth for every hangar assignment and tenant interaction protects the airport both operationally and legally.

How airports use it

A regional airport managing 200 based aircraft and 40 commercial tenants can use the solution to replace a patchwork of spreadsheets and paper leases with a centralized system. When a hangar becomes available, staff activate the waitlist queue, assign the space in Property & Space Management, generate a lease in Lease & Contract Management, and trigger the first invoice in Financials & Billing — all within a single workflow. Inspection records are attached to the tenant file before move-in, creating a defensible condition baseline.

For larger commercial tenants, the Tenant Self-Service Portal reduces routine inquiries by giving tenants direct access to their invoices, lease documents, and service requests around the clock. Finance directors use the Revenue Management dashboards to report monthly aeronautical revenue performance to their boards, while the GASB 87 module feeds the figures required for annual financial statement footnotes — eliminating hours of manual reconciliation at year-end.