Aviation market intelligence company IBA has announced its acquisition of the Fleetwatch application from Aeromanage.
Fleetwatch provides the aviation leasing and finance community with mobile device alerts linked to aircraft flight events and status changes using ADS-B data. The application offers enhanced visibility to key stakeholders around how aircraft are being operated, enabling proactive and reactive portfolio management and forming an integral part of their risk mitigation toolkit.
Fleetwatch will provide subscribers to the IBA Insight platform with a range of information via daily notifications that can highlight a variety of significant aircraft use scenarios. The company says that this addition to its portfolio, along with its IBA Insight aviation intelligence platform, will provide its clients with even more effective risk management leveraging tools.
Commenting on the acquisition, IBA’s President, Phil Seymour, said: “We are excited to be enhancing our aviation intelligence capabilities with this acquisition of Fleetwatch. It will now form an integral part of our suite of News and Alerting solutions, providing key industry stakeholders such as lessors, banks, investors and insurers with top-class insights and live updates about their fleets.”
