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Sunday, April 28, 2024

Sky ICT aims for top three global aviation software spot by 2024

Image by SKY ICT Public Company Limited

Having clinched a deal with Airports of Thailand (AoT) in 2020 to develop smart airports, the Stock Exchange of Thailand (SET)-listed aviation tech firm Sky ICT is now setting its sights on becoming a top three global player in aviation software by 2024, according to Sithidej Mayalarp, the company’s chief executive.

Sky ICT is negotiating with a leading global aviation software provider in Europe to acquire a 100% stake in the company, a deal that is expected to be finalised next year. The acquisition target boasts a broad customer base of 350 airport operators worldwide.

Should the deal go through, Sky ICT is poised to become the premier aviation technology brand in Southeast Asia and gain a place among the top three players globally.

Sky ICT’s portfolio includes consultation, design, supply and distribution of…

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