Skymetrix, the leading global provider of aviation fuel and cost management solutions, has today announced its acquisition of Rainmaker Business Technologies, providing a “one-stop-shop” for airline cost efficiency as the industry returns to profitability.
By joining forces, we can now offer airlines the broadest unified suite of solutions from one vendor, covering all the major flight-related costs — fuel, crew, ground handling, airport, and navigation. Rainmaker will also be able to leverage greater resources and accelerate its international growth.
The entire Rainmaker team, including CEO Brendan Fuller and CTO Anthony Carville, are staying with the company.
CEO of Rainmaker, Brendan Fuller, said:
“The aviation industry is under serious pressure to attract and retain flight crew. Scheduling and managing flight crews is complex and crew schedules are constantly changing. Rainmaker crew pay and analytics solutions deal with that dynamic to pay crew accurately, provide transparency, help airlines improve the relationship with crew, and support better decision making in Day of Operations.”
“It makes perfect sense to combine our expertise on crew lifecycle management with Skymetrix; a company that shares our vision to transform airline operations with innovative technology. Our combined offering simplifies airline operations, gives the airline better control of costs, and helps unlock even more productivity and efficiency gains for our customers.”
Michael Scheidler, CEO of Skymetrix, said:
“The airline business is undergoing an exciting transition. As airlines rebuild from the pandemic, they are also looking to adopt new innovative technologies and ways of working. It is vital for airlines to progressively manage down their costs and risk as they undergo this shift. By combining Skymetrix with Rainmaker’s solutions for ‘all things crew,’ we can provide airlines with a clear line of sight to their full operations for the first time – enabling them to cut costs and create the space for sustainable growth.”
Rainmaker and Skymetrix will continue to operate as two separate brands for the next 12 months, with the aim to come together under one brand in 2024. However, in the background, we will be working on maximizing any short-term synergies that can deliver benefits quickly. For instance, integration between Rainmaker and Skymetrix products.
We will be communicating with our customers in the coming days to explain what this acquisition means for them, and how to find out more.
Who is Skymetrix?
Headquartered in Germany, Skymetrix has a vision to power the aviation industry to sustainable growth. Its cloud-based platform gives airlines a new way to improve fuel and cost management and delivers benefits that are critical success factors for any aviation business: lower costs, enhanced efficiency, and greater profitability.
With over 20 years’ experience in aviation, 100+ customers — including Air France-KLM, Cathay Pacific, DHL, Emirates, Lufthansa, and Ryanair — plus well-established strategic partnerships with industry bodies like IATA, Skymetrix has become a global leader in the sector.
Skymetrix was borne out of a merger in 2021 between Airpas Aviation — the leader in cost management for airport, ground handling and navigation charges — and FuelPlus, the industry leader in fuel administration and cost management for airlines. The Rainmaker acquisition marks the latest chapter in Skymetrix’s strategy to be the global leader in airline lifecycle management, with further announcements to follow this year.