News Portside Acquires Stellar's FOS Hosting

Portside expands offering for aircraft operators with acquisition of Stellar’s FOS Hosting business

SAN FRANCISCO, CA - Portside, Inc. (portside.aero) has expanded its portfolio of business aviation software and service offerings by acquiring the FOS hosting business line from Stellar Labs, Inc. Charter and corporate aircraft operators using Collins Aerospace Flight Operations System (FOS) can now use Portside as their third-party FOS hosting provider. Portside will be building upon Stellar’s history of providing high-end, secure and reliable FOS hosting solutions along with white-glove service targeted towards complex flight operations worldwide.

“We are confident our hosting customers will enjoy the same reliability, security and service with Portside as they have for many years with Stellar. Stellar will now focus solely on its best-in-class charter pricing, quoting and lead management solutions that work with any flight management system,” said Vicki Nakata, CEO of Stellar.

“We look forward to meeting the needs of our new customers and exceeding their expectations. Over 700 operators and over 50% of the Fortune 500 flight departments trust Portside with their software needs, and we are looking forward to welcoming Stellar hosting customers to Portside.” said Alek Vernitsky, CEO of Portside.

Portside’s innovative software platform enables flight departments to leverage a range of products that streamline their operations. Some of Portside solutions include:

● Business Aviation Budgeting & Planning Dashboard

● Business Aviation Reporting & Analytics Platform

● Portside Owner Portal for online information sharing and communication between management companies and aircraft owners

● Portside Optimizer for efficient crew and aircraft positioning, reduction of empty legs, and revenue optimization by fractional and charter operators

● Portside ExpensePulse for automating customer billing and internal expense management, resulting in faster and more efficient month-end closing, customer billing and cash collection processes

● Portside Services for crew hotel and car bookings that are fully integrated into operators’ flight scheduling and accounting software

● BART and PFM flight operations systems that serve as a system of record for hundreds of corporate and charter operators

For more information about Portside, visit www.portside.aero.

About Stellar

Stellar is reimagining and revolutionizing business aviation by developing advanced technologies and innovative commercial solutions for operators, brokers and their customers. With a technology platform built from the ground up, Stellar drives transformative operational improvements in the business aviation sector, radically improving efficiency, profitability, and customer experience. Find out more at www.stellar.aero.

About Portside

Portside is a modern, cloud-based operating system for the global business aviation industry: a set of integrated software solutions addressing major industry pain points. The Portside platform supports over 700 business aircraft operators in over 30 countries. Some of their customers include Airshare, Jet Aviation, Priester and Wheels Up. Portside is headquartered in San Francisco with team members across the US, Europe and Asia. To learn more about Portside, visit portside.aero.

Media Contact: media@portside.co

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News Portside_Vista Investment social graphic
May 30, 2024

Portside Announces Strategic Growth Investment Led by Vista Equity Partners

SAN FRANCISCO, May 30, 2024 – Portside, a premier provider of modern software solutions for the business aviation industry, today announced a strategic growth investment led by Vista Equity Partners ("Vista"), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses. Existing investor Insight Partners also participated in the minority investment. Portside intends to use the new funding to drive continued growth through product and customer expansion strategies.

Portside’s cloud-based software solutions power a diverse range of flight operations for scheduled and unscheduled aircraft operators, including charter, fractional, corporate, medical, industrial, government, helicopter, military and cargo fleets. The company’s product suite is comprised of simple-to-use and highly integrable tools designed to enable core private aviation operations, such as flight and crew scheduling, recordkeeping, safety reporting, compliance, and critical back-office business and administrative functions such as budgeting, invoicing and human resources. Portside’s product offering helps customers achieve visibility and derive valuable insights across financial and logistical operations of their fleets.

“Portside is building a turn-key and scalable operating system that spans the full range of business aviation needs,” said Alek Vernitsky, CEO and Co-Founder of Portside. “Portside has strong momentum, and we look forward to partnering with Vista and leveraging its considerable software and operational expertise as we continue to build our business and enhance our product offerings for customers.”

Vista’s investment in Portside was made by the firm’s Endeavor Fund, which provides growth capital and strategic support to market-leading, high-growth enterprise software, data, and technology-enabled companies that have achieved at least $10 million in recurring revenue. Ben Benson, Managing Director at Vista, will join Portside’s Board of Directors effective immediately.

“Portside is led by an experienced team that understands well the unique opportunity presented by the fragmented software market serving the growing business aviation industry, as well as the diligence and discipline required to bring the company to the next level,” said Rachel Arnold, Co-Head of Vista’s Endeavor Fund and Senior Managing Director. “Portside has built an impressive and differentiated platform that is rapidly emerging as a market-leader in aviation operations software,” added Benson. “We look forward to partnering with Alek and the entire Portside team as they embark on this exciting next phase of growth.”

Jefferies LLC served as exclusive placement agent and Lowenstein Sandler LLP served as legal counsel to Portside. Kirkland & Ellis LLP served as legal counsel to Vista.

About Portside

Portside, Inc. is a premier provider of modern software solutions for the business aviation industry. Portside’s cloud-based operating system for business and government aviation is designed to support all aspects of flight operations, including scheduling and recordkeeping (Avianis, BART and PFM product lines), fleet and crew optimization (Portside Optimizer), safety and compliance (Baldwin), data sharing, reporting and analytics (Portside Owner Portal / Budget & Planning Dashboard), customer billing (ExpensePulse), crew recruiting (Staffing Marketplace), and crew and passenger travel accommodations (Portside Services). Portside supports over 1,000 operators of business jets, helicopters, medevac, industrial and government fleets, as well as fractional ownership programs, in over 30 countries. For more information, contact us at sales@portside.aero or visit www.portside.aero.

About Vista Equity Partners

Vista is a leading global investment firm with more than $100 billion in assets under management as of December 31, 2023. The firm exclusively invests in enterprise software, data and technology-enabled organizations across private equity, permanent capital, credit and public equity strategies, bringing an approach that prioritizes creating enduring market value for the benefit of its global ecosystem of investors, companies, customers and employees. Vista's investments are anchored by a sizable long-term capital base, experience in structuring technology-oriented transactions and proven, flexible management techniques that drive sustainable growth. Vista believes the transformative power of technology is the key to an even better future – a healthier planet, a smarter economy, a diverse and inclusive community and a broader path to prosperity. Further information is available at vistaequitypartners.com. Follow Vista on LinkedIn, @Vista Equity Partners, and on X, @Vista_Equity.

Media Contacts

Portside

Lynn Moore

media@portside.co

843-342-3921

Vista Equity Partners

Brian W. Steel

media@vistaequitypartners.com

212-804-9170

News Avianis and PnrGo Enhanced Integration
Mar 25, 2024

Avianis and PnrGo’s enhanced integration includes interactive data transfers for new UK UPT and eu-LISA regulations

Avianis and PnrGo together offer a software solution that has made the daily flight scheduling workload much more manageable. Now, the integration has been enriched to prepare flight operations teams for new interactive PAX and CREW programs that international operators will need to comply with.

Avianis is an industry leading web-based business management solution for aviation operations. The integration with PnrGo allows their customers to easily comply with both local and international regulations on reporting passenger and crew data to the relevant security and border guard units. The benefits are noticeable from the start - less work for flight operations departments, elimination of human error, and a safety net against fines and sanctions for non-compliance with data transfer requirements.

What new regulations do air operators need to be prepared for in 2024?

2024 is set to bring two big changes for international operators - the UK UPT and the eu-LISA.

The UK’s Universal Permission to Travel scheme aims to ensure that all travelers have a valid travel permission before flying to or transiting through the UK. The scheme includes the introduction of ETA (the equivalent of American ESTA), verifiable for operators at the stage of iAPI or GAR submission. On 6th April, the UK will close the option to send GAR (General Aviation Report) via email, requiring all the operators who need to submit GAR to switch to interactive data transmissions.

The European Union’s Entry Exit System (part of eu-LISA) is expected to launch in Q3/Q4 2024. EES aims to replace the manual stamping of passports with a digital traveler registration in a central database. Carriers will need to validate passenger data interactively, prior to the departure.

PnrGo follows closely any changes in international regulations on passenger and crew data reporting and vetting. The company has gained expertise in automating compliance for air operators to help them quickly adopt such new requirements, and the upcoming changes have also become a priority for PnrGo’s integration partners.

Avianis and PnrGo’s integration turns interactive to meet the new regulations

The new regulations require an interactive data exchange where air operators submit passenger information and must receive an instantaneous response from the relevant authorities. This required a more advanced integration model between Avianis and PnrGo and both teams worked closely to develop a two-way system communication enabling PnrGo to securely submit the passenger details from Avianis and then push the approval or refusal status back into the flight management software. The new workflow enables Avianis customers to be compliant with UK UPT, eu-LISA, TSA SecureFlight (via DHS router), Canadian API and PPP, and many other regulations around the world. From now on, the “Permission to Board” statuses are visible directly in the Avianis interface.

"We are excited to advance our integration with PnrGo to handle interactive passenger and crew data transfers that ensure compliance with new regulations, such as UK UPT or eu-LISA. Along with the capability to adhere to TSA Secure Flight, Canadian API and PPP, Avianis business and charter operators can now navigate the complex international travel requirements effortlessly," states Alek Strygin, COO of Portside, the parent company of Avianis.

“We are very happy with our cooperation with Avianis,” says Tomasz Lewandowski, Product Owner at PnrGo. “It’s important for air operators to be ready for the upcoming new regulations and improving our integration is the best way for us to tell our customers: we are here for you to help you face any new challenges on the horizon!”

About Portside

Portside, Inc. is a premier provider of modern software solutions for the business aviation industry. Portside’s cloud-based operating system for business and government aviation is designed to support all aspects of flight operations, including scheduling and recordkeeping (Avianis, BART and PFM product lines), fleet and crew optimization (Portside Optimizer), data sharing, reporting and analytics (Portside Owner Portal / Budget & Planning Dashboard), customer billing (ExpensePulse), crew recruiting (Staffing Marketplace), crew and passenger travel accommodations (Trip Assist), and safety management (Baldwin SMS). Portside supports over 1,000 operators of business jets, helicopters, medevac, industrial and government fleets, as well as fractional ownership programs, in over 30 countries. For more information, contact us at sales@portside.aero or visit http://www.portside.aero.

About PnrGo

PnrGo is an expert in PAX and CREW data compliance through automated transfer, reporting, and vetting. The company has developed solutions that set new standards for data exchange between air operators, border agencies, security agencies, and airports. PnrGo facilitates compliance with the national API and PNR regulations (e.g. eAPIS), international sanctions, various travel authorization programs (e.g. UK ETA), and passenger vetting schemes (e.g. TSA Secure Flight). To learn more about PnrGo, visit pnrgo.com, sign up to our newsletter, or follow us on LinkedIn.

News PFM and Universal's Feasibility IQ
Mar 12, 2024

Universal Showcases New Feasibility-IQ® Trip Support App Integration with Portside’s PFM Scheduling System at SDC2024

Universal Weather and Aviation, Inc. announced the integration of its leading mission planning and intelligence app, Feasibility-IQ, with Portside’s Professional Flight Management (PFM) flight department operations management system. Demos of the new integration will be available in Universal booth #328 and PFM booth #529 at Schedulers & Dispatchers 2024.

This new integration enables PFM users to synchronize their trip details to Feasibility-IQ at the push of a button within the PFM system, allowing them to instantly review detailed mission requirements and access advanced trip support intelligence from Universal.

Feasibility-IQ equips flight departments with comprehensive, vetted information on customs procedures, ground logistics details, crew and passenger entry requirements, facilities, peak periods, location trends, and more for thousands of airports worldwide. It significantly improves the efficiency of flight departments by saving hours of research time per trip leg and equipping operators with intelligence previously only available through Universal® Trip Support.

This is the second major integration between Universal® and PFM, as PFM users were already able to sync mission details, crew/pax manifest data, and other related information from PFM directly with Universal’s uvGO® Mission Management Platform and Universal Trip Support for mission support.

“PFM users can now not only facilitate trip services by pushing their mission details to Universal from PFM but can now also harness Feasibility-IQ’s real-time planning intelligence for their business aviation missions,” said Guido Groeschel, Executive Vice President, Digital Product Management, Universal. “This is the latest example of how Universal and Portside are collaborating to develop innovative solutions that solve real problems and reduce the operational friction that our mutual clients have.”

“Both PFM and Universal share a commitment to deliver reliable and leading-edge solutions that allow clients to consistently and accurately manage operations,” said Phil Barnes, General Manager of PFM. "The partnership between PFM and Universal will help customers more effectively manage flight and travel logistics end-to-end so they can deliver a high-end, personalized travel experience to their passengers.”

This latest integration builds upon the continued collaboration between Universal and Portside. In the Summer of 2023, Universal and Portside released an integration between Feasibility-IQ and Portside’s BART Scheduling System. In October 2023, the companies announced that they were working together to start development of an advanced, first-of-its-kind mission management application for the business aviation industry.

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About Universal Weather and Aviation, Inc.

Flight departments partner with Universal for one reason – they need their international missions to execute smoothly and successfully. And that’s what we help operators do best. With us, you’ll have access to the industry’s best expertise, global resources, information, and technologies to amplify your flight department’s capabilities, and we’ll work tirelessly with you to eliminate sources of risk and friction from your missions. That’s why we’re trusted to manage more global trip legs per year than anyone else and have been the industry leader in supporting international missions for over 65 years. By partnering with us and adding our capabilities to yours, you will be able to achieve more with your flight department than ever before.

About Portside, Inc.

Portside, Inc. is a premier provider of modern software solutions for the business aviation industry. Portside’s cloud-based operating system for business and government aviation is designed to support all aspects of flight operations, including scheduling and recordkeeping (Avianis, BART and PFM product lines), fleet and crew optimization (Portside Optimizer), data sharing, reporting and analytics (Portside Owner Portal / Budget & Planning Dashboard), customer billing (ExpensePulse), crew recruiting (Staffing Marketplace), crew and passenger travel accommodations (Portside Services), and safety management (Baldwin SMS). Portside supports over 1,000 operators of business jets, helicopters, medevac, industrial and government fleets, as well as fractional ownership programs, in over 30 countries. For more information, contact us at sales@portside.aero or visit portside.aero.