AirVault and GE’s Predix: An Innovative New Route to Aircraft Records Management Supports NextGen Goals

Managing the Skies, May/June 2017FOCUS Advises AirVault in Strategic Sale

In late March, we announced the sale of our client Critical Technologies, Inc.—doing business as Air- Vault®—to GE Aviation. AirVault provides patented electronic records management solutions to airlines worldwide. The combination of AirVault and GE further enables web-based fleet records management across the aviation ecosystem.

For nearly a decade, FOCUS has provided strategic advice to AirVault, resulting in this compelling transaction with one of the world’s most well-known and highly regarded companies.

AirVault Chairman John Frick noted, “The strategic fit provided by this transaction is exceptional; our acquirer counts nearly every airline in the world in its customer base, which provides an exciting growth path for the business. The FOCUS team has been a valuable partner to us over the years, and we would not be celebrating this transaction with- out their help and guidance.”FOCUS AirVault Reprint

Download the reprint of the full article published in FAAMA's Managing the Skies here.