FLIGHT OPS iT

IBS Software to Acquire Canadian Aviation Software Major

Travel technology specialist IBS Software (IBS) has entered into a definitive agreement with Massachusetts-based Kronos Incorporated to acquire AD OPT, a market leader in aviation software that provides crew management solutions to some of the biggest names in the global airline industry. AD OPT (www.ad-opt.com), founded in 1987 in Montreal by a group of mathematicians and operations research experts, was acquired in 2004 by Kronos, a multi-national workforce management software and services company employing nearly 6,000 professionals worldwide. The cutting-edge crew planning and optimization platform of AD OPT currently powers some of the top airlines in the world including Air Canada, EasyJet, Emirates, FedEx, Garuda, Lion Air, and Qantas. The multi-million dollar acquisition is an integral part of IBS’ growth strategy to become the leading technology provider to the airline industry worldwide. Prior to this, IBS has made six strategic acquisitions – three in the USA, two in Europe, one in India – in its 21-year history.

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