24th Feb 2015 08:39
LONDON (Alliance News) - Software company Ideagen PLC on Tuesday said it has snapped up three new contracts in the aviation sector worth a total of GBP1 million.
The group said it has won the deals from three unnamed organisations, comprising a UK-based regional airline, an African national airline, and a Malaysian aviation services company.
The company said the contracts have been won through the Gael Ltd business, which it acquired in December last year.
"Gael has established a global footprint within the aviation sector comprising over 300 customers including national and regional carriers, MRO providers and industry regulators. The need for the aviation industry to have robust systems to ensure passenger safety provides the Group with an opportunity to deliver growth this year and beyond," said Ideagen Chief Executive David Hornsby.
Shares in Ideagen were up 1.4% to 37.00 pence in early trade on Tuesday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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