Boeing acquires leading provider of pilot training software

Boeing has acquired Peters Software GmbH, a market leading provider of European Aviation Safety Agency (EASA) based training content for early stage (“ab-initio”) pilot training. Located in Cologne, Germany, Peters Software specializes in curriculum and materials for commercial and private pilots operating in rapidly growing markets aligned with EASA. According to Boeing’s Pilot and Technician Outlook, airlines will need 558,000 new pilots over the next 20 years to support the growth in the global fleet. This acquisition helps Boeing meet the growing global demand for qualified aviation personnel. Terms of the agreement are not being disclosed. Peters Software and its team of approximately 20 full time employees joined Boeing upon contractual signing.