GE Aviation has confirmed its acquisition of cloud-based digital aircraft records management company AirVault. According to a statement released by GE on the acquisition, the acquisition of AirVault will strengthen GE's ability to focus on asset lifecycle management and maintenance optimization for the aviation industry.
The combination of AirVault and GE will further enable web-based fleet maintenance records management across the aviation ecosystem with GE’s Configuration Data Exchange, GE says. The ability to connect records and data across aviation companies and the IT systems they use to manage their fleets will drive productivity and data availability. Coupled with GE’s Predix industrial cloud platform, this further strengthens the team in developing meaningful insights and optimizing operations over a wide range of aviation applications.
AirVault owns data centers based in Dallas and Oklahoma City, and delivers packaged document management, business process, and related analytical data applications exclusively as Software as Service (SaaS) via a patented multi-tenant service platform. The company currently has more than 40 major airline and maintenance, repair and overhaul (MRO) customers among its clients.