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FlightGlobal snap up FlightStats and Diio

08/24/2016| 11:20:56 AM| 中文

FlightGlobal, a data services and media brand owned by Reed Business Information, has acquired FlightStats, an airline data services firm, and Diio, a provider of airline market intelligence tools.

FlightGlobal, a data services and media brand owned by Reed Business Information, has acquiredFlightStats, an airline data services firm, and Diio, a provider of airline market intelligence tools.

Terms of the transaction were not disclosed. FlightGlobal offers fleet, aircraft finance, and schedule data services. In 2014, it acquired Innovata, an Atlanta consultancy that specializes in travel-planning solutions.

The move brings consolidation to the live flight-tracking sector. FlightStats, based in Portland, Ore., had been a pioneer in providing real-time global flight data, releasing its first flight status API in 2005.

But on the consumer side, it has recently been overtaken in popularity by FlightAware and FlightRadar24 — two companies that have been battling for share. FlightGlobal’s resources could restore FlightStats’ competitiveness as a consumer brand.

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TAGS: FlightGlobal | FlightStats | Diio | investment
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