Boeing has signed an agreement to acquire ETS
Aviation, a provider of fuel-efficiency management and analytics
ETS Aviation solutions provide more than 120
airlines and corporate flight departments the tools necessary to
accurately monitor fuel consumption, identify fuel savings
opportunities, and track and report carbon emissions.
"Boeing is focused on creating a competitive
advantage for our customers," said Stan Deal, senior vice
president of Commercial Aviation Services, Boeing Commercial
Airplanes. "With fuel costs accounting for as much as 40%
of airline operating costs, reducing fuel consumption enables
airlines to be more successful while reducing emissions. Adding these fuel-efficiency tools enhances the
edge we provide customers, helping airlines realize greater
operating and environmental efficiencies."
David Carlisle, ETS Aviation founder and chief
executive officer, said, "We founded ETS Aviation with a simple goal: to
develop affordable software and consultancy solutions that make
the day-to-day operations of airlines and aircraft operators more
efficient. Today we are the market leader, helping
customers around the world improve their fuel efficiency and
reduce CO2 emissions. As part of Boeing, we look forward to an
exciting future, delivering the highest standards of customer
service whilst our solutions continue to innovate and grow at an
even more rapid pace."
ETS Aviation's fuel efficiency tools will become
part of the integrated suite of aviation services marketed as the
Boeing Edge. These include digital solutions that increase
efficiency and profitability for aircraft operators by optimizing
flight operations, maintenance, and crew planning and scheduling.
ETS Aviation employees, who are based in
Bristol, UK, will join the Jeppesen UK subsidiary of The Boeing
Company upon completion of the transaction, which is expected to
occur in the second quarter.
Completion is subject to customary conditions.
Terms of the transaction have not being disclosed.
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