(Karlsruhe, Germany) February 28, 2023 – BEONTRA, a wholly-owned subsidiary of Leidos, a FORTUNE 500® science and technology leader, and RDC Aviation, today announced a new collaboration to integrate RDC’s air fare data into BEONTRA’s Route Forecasting solution. “We...
Leidos Subsidiary BEONTRA and RDC Aviation Announce Air Fare Data Integration
(Karlsruhe, Germany) February 28, 2023 – BEONTRA, a wholly-owned subsidiary of Leidos, a FORTUNE 500® science and technology leader, and RDC Aviation, today announced a new collaboration to integrate RDC’s air fare data into BEONTRA’s Route Forecasting solution.
“We are excited to collaborate with RDC Aviation,” said Martijn Verhees, Managing Director for BEONTRA. “The integration of RDC’s air fare data enables us to provide consistent pricing information for our customers to help them gain aviation market insights and build solid airline business cases.”
BEONTRA’s Route Forecasting solution provides airport customers with access to traffic data, MIDT-based fares, flight schedules and more to explain market trends and simplify the route forecasting process. RDC supports BEONTRA with low-cost carrier air fares, which BEONTRA blends with further market data. As a result, BEONTRA customers can gain detailed insights into airlines’ route performance as well as the yield structure of origin-destination markets.
“We are delighted that BEONTRA has chosen to integrate our air fares data into its Route Forecasting solution,” said Peter Hind, CEO at RDC Aviation. “This collaboration will allow BEONTRA’s customers to benefit from RDC’s extensive expertise in air fare pricing data.”
For more information about the Route Forecasting solution, or the other solutions available on BEONTRA’s Horizons platform, visit www.beontra.com/solutions.
Since 2004, BEONTRA has been developing industry-standard integrated scenario planning and forecasting solutions for the aviation industry. With a flexible architecture, machine learning algorithms, and data intelligence, BEONTRA’s Horizons software platform provides answers to complex planning and forecasting questions. Based in Karlsruhe, Germany, BEONTRA has a global customer base. For more information, visit www.beontra.com.
Leidos is a Fortune 500® technology, engineering, and science solutions and services leader working to solve the world’s toughest challenges in the defense, intelligence, civil, and health markets. The company’s 45,000 employees support vital missions for government and commercial customers. Headquartered in Reston, Virginia, Leidos reported annual revenues of approximately $14.4 billion for the fiscal year ended December 30, 2022. For more information, visit www.Leidos.com.
About RDC Aviation
RDC Aviation provides technology and data services to the air transport industry. The company has a comprehensive set of proprietary datasets which are used to present a unique suite of analytical services via a technology driven approach that includes on-line products, a data distribution platform, APIs and custom datasets. For more information, visit www.rdcaviation.com.
Certain statements in this announcement constitute “forward-looking statements” within the meaning of the rules and regulations of the U.S. Securities and Exchange Commission (SEC). These statements are based on management’s current beliefs and expectations and are subject to significant risks and uncertainties. These statements are not guarantees of future results or occurrences. A number of factors could cause our actual results, performance, achievements, or industry results to be different from the results, performance, or achievements expressed or implied by such forward-looking statements. These factors include, but are not limited to, the “Risk Factors” set forth in Leidos’ Annual Report on Form 10-K for the fiscal year ended December 30, 2022, and other such filings that Leidos makes with the SEC from time to time. Readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. Leidos does not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the date the forward-looking statements were made.