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Press Release

Issued by Travico.

February 20, 2015

Private Flight Global acquires BizFlight.Net

Since its inception, Private Flight has offered flight operations technology and processes to the private aviation industry centred on global procurement and logistical support of on-board services. The purchase of BizFlight, a company based in Zurich, further increases Private Flight's global foothold on the private aviation software market.

Private Flight will utilise the BizFlight platform to implement incremental customer-driven improvements alongside a more modern, seamless and innovative technology solution for both customers and partners. Moreover, Private Flight has plans to leverage their IT development infrastructure to help customers improve operational efficiency and create a more integrated workflow.

“The combination of BizFlight's industry proven operations software with our own leading edge procurement and logistics software will allow us to further develop meaningful technology that is specific to the private aviation industry as well as advance our overall mission of transforming the passenger experience in private aviation. The company is now well positioned to deliver solutions that can help transform the future of Private Aviation,” says Richard Pryor, ceo of Private Flight.

“The integration of both platforms will take place over the coming month. However, our first priority is the maintenance and resilience of the existing service to the existing BizFlight customers. To this end, we are pleased to advise that Raymond Bourquin, BizFlight's co-founder and head of development for the last ten years, will join Private Flight's team as a senior advisor," says Pryor.

“I have found the right partner to hand over my lifework. It will be a successful continuation of the aircraft management solution BizFlight.Net but I am also looking forward to be able to contribute to its future development,” says Raymond Bourquin, managing director of Travico GmbH. Private Flight brings a resource and development capacity that Travico simply couldn't match, therefore I see this as being very beneficial for our customers. I am also impressed by the vision they have for the product and their focus on customer innovation.”