Airbus to Acquire Navtech Group of Companies

Airbus has entered into an agreement to acquire 100% of the shares of the Navtech group of companies, a leading global provider of flight operations solutions.

Navtech serves more than 400 aircraft operators and aviation services customers worldwide with a suite of flight ops products, including electronic flight bag (EFB) solutions, aeronautical charts, navigation data solutions, flight planning, aircraft performance, and crew planning solutions.

Navtech generates annual revenues of around $42m and employs over 250 employees, mainly based in Waterloo, Canada, and in Hersham and Cardiff, Wales, UK.

“We are very pleased to welcome Navtech into our company, contributing its industry-leading portfolio of digital solutions and expert know-how,” said Fabrice Brégier, Airbus’ President and Chief Executive Officer. “This acquisition is further affirmation of Airbus’ digitalization and services growth strategies, and is a significant milestone to serve our existing and future customers.”

Mike Hulley, Chief Executive Officer of Navtech added,“The signing of this agreement with Airbus is excellent news for the Navtech teams, who are joining a group with international standing, providing them with access to new markets leveraging on complementary aviation expertise. Our customers will benefit from game-changing innovations and enhanced customer experience of our digital flight operations services.”

Closing of the acquisition is subject to regulatory approvals.