The combination of these two firms offers tremendous synergies and efficiencies to airlines and their crews
Tampa, FL (PRWEB) July 21, 2010
Flightline Data Services, Inc., a leading provider of airline crew member schedule management solutions, has been acquired by Sabre Holdings. Flightline will become part of the Sabre Airline Solutions division of Sabre Holdings, the world's leading provider of integrated solutions and services for airlines and airports.
ClearCap Strategic Advisors, LLC ("ClearCap"), a specialized middle market, investment bank and strategic advisory firm, served as the exclusive financial advisor to Flightline Data Services, Inc. The terms of the transaction were not disclosed.
"We are pleased that our client, Flightline Data Services, will be able to team with a firm of the caliber of Sabre Holdings," said Jackie Fimrite, Managing Director at ClearCap. "The combination of these two firms offers tremendous synergies and efficiencies to airlines and their crews." Flightline's crew products and services will augment the Sabre AirCentre portfolio with real-time trip trading, mobile applications, preferential bidding, vacation and training bidding capabilities.
"Managing the schedule of pilots and flight attendants on a daily basis is one of the most critical tasks for airlines," said Steve Clampett, president, Sabre Airline Solutions Products and Solutions. "While Sabre provides its customers with outstanding crew solutions, the acquisition of Flightline complements our portfolio and allows us to provide airlines with new products that will help lower crew-related costs, improve crew efficiency and increase crew satisfaction."
"Flightline has enjoyed a great working relationship with Sabre as we have worked together to meet the needs of many common customers," said Jim Faber, president, Flightline Data Services. "Becoming part of the Sabre Airline Solutions portfolio is something we're all looking forward to as we collaborate to bring the industry compelling products to help airlines alleviate a complicated aspect of their daily operation."
About ClearCap Strategic Advisors, LLC
ClearCap Strategic Advisors is a specialized investment bank and strategic advisory firm serving the unique needs of private business owners and middle market companies. Focused first on the personal goals and objectives of the shareholders, ClearCap specializes in mergers, acquisitions, corporate finance, recapitalizations and strategic consulting. For more information, visit ClearCap's website at http://www.clearcapadvisors.com.
About Flightline Data Services, Inc.
Flightline serves over 20 airlines in North America. It provides airlines and crew members with solutions to successfully manage complex crew management issues, including planning and scheduling. For more information, visit Flightline's website at http://www.flightline.com.
About Sabre Airline Solutions
Sabre Airline Solutions helps airlines and airports generate more revenue by optimizing performance in 14 key areas of airline operations. More than 300 leading carriers and over 100 airports use Sabre Airline Solutions to better market their schedules, sell their products, serve their customers and operate efficiently. For more information visit Sabre Airline Solutions' website at http://www.sabreairlinesolutions.com.
Alan Marrullier, Managing Director
ClearCap Strategic Advisors, LLC