Aviation technology providers BoldIQ and Stellar Labs are partnering to enable charter operators to expand and optimize their business by leveraging each other’s software. Through the partnership, BoldIQ will combine its Solver advanced planning and scheduling platform with Stellar’s advanced pricing engine, Stellar Data Studio business intelligence platform, and charter exchange in combination with the FL3XX aviation management platform. Initially, the two companies will collaborate on sales with additional plans to integrate Stellar, BoldIQ, and FL3XX products.
Stellar CEO Vicki Nakata noted that as an operator’s fleet size increases, so does the challenge of creating optimal flight schedules. “This partnership will allow us to continue providing our clients with the tools that put them on the best path forward to success through better flight scheduling optimization, a critical and challenging task for operations with large or growing fleets,” Nakata added.
According to BoldIQ, its optimized scheduling allows operators to free up 30 percent of their resources and reduce operating costs by up to 25 percent, thereby increasing profitability by up to 20 percent. “Our team looks forward to supporting and collaborating with the Stellar organization to provide leading-edge operations and optimization solutions,” BoldIQ COO Shelly Freeman said.