Portside has signed an agreement to acquire Collins Aerospace’s Flight Operations System (FOS) business, the firm announced this week.
FOS is a solution that streamlines scheduling, trip planning and reporting for business aviation operators, providing software that increases operational efficiency and enables users to conduct “real-time” management.
“Our strategy for business aviation focuses on providing a comprehensive suite of software solutions to operators of business, government, military, fractional, medevac, and helicopter fleets worldwide,” said Alek Vernitsky, CEO of Portside. “FOS joins our portfolio of flight operations management software solutions, including Professional Flight Management (PFM), BART, Avianis, and Takeflite.”
The transaction is expected to close in the fourth quarter of 2024, subject to conditions. A number of Collins Aerospace employees supporting FOS are expected to join Portside. Financial terms of the deal were not disclosed.
“We are committed to working closely with Collins to ensure a seamless transition for both FOS customers and employees,” added Vernitsky. “We will continue supporting FOS software and honouring all customer commitments while offering enhanced integration with Portside’s complementary aviation solutions, including Baldwin SMS for safety management, Trip Assist for ancillary services, and Owner Portal for aircraft analytics, business intelligence, and owner communication.”
