Delta Air Lines chose SAP Lease Administration by Nakisa to address their global compliance initiatives for ASC 842 and IFRS 16 for their entire global lease portfolio which includes aircraft, engines, maintenance equipment, offices, and airport terminal leases.
SAP Lease Administration by Nakisa was designed to handle comprehensive lease accounting requirements and support transition accounting, allowing Delta Air Lines to manage their entire lease portfolio, transition to the new standards, process required accounting lookback, and fulfill reporting requirements.
About Delta Air Lines
Delta Air Lines, Inc. is a major American airline, with its headquarters and largest hub at Hartsfield–Jackson Atlanta International Airport in Atlanta, Georgia. The airline operates over 5,400 flights daily and serves an extensive domestic and international network that includes 319 destinations in 54 countries on six continents. One of the five remaining legacy carriers, Delta is the sixth-oldest operating airline by foundation date, and the oldest airline still operating in the United States.
A global leader in enterprise business solutions for Organization Transformation and Accounting and Compliance, Nakisa delivers innovative, forward-thinking and robust human resource and financial management solutions that advance your business strategies. Available on premise and in the cloud.
Working with a global network of partners and as one of the few Solution Extension (SolEx) partners of SAP® since 2007, Nakisa serves 800+ enterprise customers and over 4 million subscribers in 24 industries. Nakisa is proud to work with some of the world’s most renowned brands.