May 23, 2014
Boeing to acquire ETS Aviation
Boeing signed an agreement to acquire ETS Aviation, a provider of fuel-efficiency management and analytics software. ETS Aviation solutions lead the market, providing 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. ETS Aviation’s fuel efficiency solutions support more than 600 commercial aircraft across nearly 900,000 flights annually. 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 are not being disclosed.