Sunday , 20 October 2019
Breaking News

IBS Software to Acquire Canadian Aviation Software Company

IBS Software (IBS) has entered into a multi-million-dollar agreement with Massachusetts-based Kronos Incorporated to acquire AD OPT, a market leader in aviation software that provides crew management solutions to some of the biggest airlines across the world.

Anand Krishnan, CEO, IBS Software and Greg Ekstrom, Vice President, Kronos, after signing the acquisition agreement for the airline software firm AD OPT in Montreal, Canada

The front-line crew planning and optimization platform of AD OPT currently powers some of the top airlines in the world, including Air Canada, EasyJet, Emirates, FedEx, Garuda, Lion Air, and Qantas. The acquisition is an integral part of Technopark Trivandrum-headquartered IBS’ growth strategy to become the leading technology provider to the airline industry worldwide.

IBS is a specialist in aviation software, supporting flight operations of large airlines, including British Airways, KLM and Emirates. This landmark acquisition will help the company leverage AD OPT’s deep domain expertise to provide the most advanced, end-to-end, integrated digital solution for the highly complex task of flight and crew management. 

Recently, IBS clinched three major agreements with leading global airlines. It signed a contract with Etihad Airways, the national airline of the UAE, to transform its operational efficiency and improve guest satisfaction. Korean Air (KE), one of the top five cargo carriers in the world, migrated to IBS’ iCargo to power its cargo movement worldwide, while Santiago (Chile)-headquartered LATAM Airlines Group, one of the world’s largest airlines groups, chose the company as its technology solution provider for unifying its entire fleet and crew operations worldwide on a digital platform.

       

Check Also

Malayali Manka & Kerala Sreeman 2019 Contest !

We are happy to announce the 2019 edition of one of the the most prestigious …