Fexco has revealed an all-share strategic combination under which its PACE aviation sustainability platform will join RDC Aviation a global provider of aviation data and market intelligence. The combination brings together two complementary businesses to create a stronger global platform serving airlines airports aircraft lessors financial institutions underwriters and corporate travel managers. Joining RDC Aviation brings PACE into a global aviation data business with an established base of airline airport and lessor customers and access to RDC’s LOOP platform which distributes verified operator-supplied fleet and environmental data across over 230 airlines and 11,000 aircraft.
Under the all-share transaction PACE will become part of the enlarged RDC Aviation business and Fexco will become a shareholder in the group. Fexco will remain an active strategic partner supporting the growth of the combined business through its international relationships across the aviation and financial-services sectors. RDC Aviation is backed by specialist growth investor Northcote which invested in the business to support its international expansion and continued development as a global aviation-data platform.
PACE’s existing team will join RDC Aviation and remain based at the RDI Hub in Killorglin County Kerry. The enlarged business intends to continue investing in product development commercial capability and international market growth with the potential to expand its presence and employment in Kerry. RDC Aviation has spent more than 25 years building specialist datasets covering airport charges airline profitability route economics aircraft fuel burn CO2 emissions and airline schedules. PACE which stands for Platform for Analysing Carbon Emissions was established by Fexco as an independent carbon and ESG intelligence platform for the aviation sector.
Bertie Murphy, Chief Strategy Officer of Fexco, shared: “The strategic logic behind this combination is compelling. RDC brings more than 25 years of aviation-data expertise, an established international customer base and deep relationships across the global airport and airline sectors. PACE brings specialist carbon intelligence, strong relationships with aircraft lessors and financial institutions, and a platform with considerable international growth potential. We identified the strategic opportunity for the businesses to develop more quickly together, offering customers a broader and more valuable service, and entering markets that would take either company considerably longer to reach independently.”
