19 March 2014
Reed Elsevier (NYSE: ENL) division Reed Business Information said it has acquired the entire issued share capital of Innovata LLC, a provider of airline schedules data, maps and tools for the global air travel market.
Innovata will join RBI´s aerospace information and data services business, Flightglobal. Innovata´s schedules data powers systems and online services for clients across the air travel and transportation sectors. Flightglobal is among the longest established players in world aerospace and aviation, with a leading position in fleets data, aircraft values and now airline schedules. Its news, analysis and insights are used by professionals across the industry to identify new opportunities and make sound investment decisions.
Innovata is a leading source of airline schedules data covering more than 800 carriers worldwide and is a strategic partner of IATA, the trade association for the world´s airlines.
Flightglobal is part of Reed Business Information, a division of the world leading information solutions group Reed Elsevier. Headquartered in London, with offices in New York, Washington DC, Hong Kong, Singapore, Shanghai and Tokyo, its brands include the ACAS, Ascend Online and Flightglobal Dashboard premium services, as well as the flightglobal.com website, Airline Business and Flight International magazines.