Announced
Completed
Synopsis
Skymetrix, a provider of aviation fuel and cost management solutions, completed the acquisition of Rainmaker Business Technologies, a specialist in aviation crew cost software. Financial terms were not disclosed. “The airline business is undergoing an exciting transition. As airlines rebuild from the pandemic, they are also looking to adopt new innovative technologies and ways of working. It’s vital for airlines to progressively manage down their costs and risk as they undergo this shift. By combining Skymetrix with Rainmaker’s solutions for ‘all things crew’, we can provide airlines with a clear line of sight to their full operations for the first time — enabling them to cut costs and create the space for sustainable growth," Michael Scheidler, Skymetrix CEO.
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