IBA, a renowned aviation market data and intelligence company, announced on August 1, that it intends to acquire the Fleetwatch application from Aeromanage.
Fleetwatch is a mobile application that caters to the aviation leasing and finance community by delivering real-time alerts to mobile devices, linked to aircraft flight events and status changes using ADS-B data. This innovative tool enhances visibility for key stakeholders, offering valuable insights into aircraft operations. It empowers proactive and reactive portfolio management, playing a vital role in its risk mitigation toolkit.
The acquisition and integration of Fleetwatch into IBA’s portfolio further showcase the company’s commitment to providing its clients with superior insights. This integration complements IBA’s recently launched Data and News Alerting from its IBA Insight aviation intelligence platform, equipping clients with powerful resources to manage risks effectively and drive value creation.
Phil Seymour, President of IBA, expressed excitement about the acquisition, stating that Fleetwatch will now become an essential component of their suite of News and Alerting solutions. This will deliver top-notch insights and live updates about fleets to key industry stakeholders, including lessors, banks, investors and insurers.
Subscribers to the IBA Insight platform will now benefit from Fleetwatch’s array of information delivered through daily notifications. These notifications will highlight various significant aircraft use scenarios, empowering clients with critical data for informed decision-making.
