Portside Acquires Professional Flight Management (PFM) to Expand Its Portfolio of Technology Solutions for Private, Business & Government Aviation

Portside has acquired Professional Flight Management (PFM), a leading scheduling and dispatch software platform for corporate flight departments. The combination of Portside and PFM will provide an enhanced suite of software solutions for private, business and government flight departments.

Portside's mission is to bring modern technology to business aviation. From streamlining operator communication with aircraft owners through the Portside Owner Portal to allocating the fleet and crew effectively with Optimizer to managing the billing processes with ExpensePulse^TM, Portside continues to provide its customers with innovative solutions addressing their key pain points.

PFM's mission is to provide a comprehensive set of scheduling, record keeping and reporting applications for corporate, private, and government flight departments. Founded by Bill Figures in 1983, PFM has been led by Bill and Julie Figures, serving customers for almost 40 years. Today, PFM supports hundreds of flight departments, including many of the largest Fortune 500 corporate fleets in the world. 

Together, Portside and PFM will continue to advance software solutions available to the industry, and accelerate the process of upgrading software for the increasingly mobile-first and cloud-based business aviation ecosystem. The combined company will have a sizable, fast-growing market opportunity and capabilities to drive significant value for customers and the industry.

"Portside's competitive advantage is our ability to focus on the customer experience and deliver cutting-edge technologies," said Alek Vernitsky, CEO of Portside. "With PFM, we now gain a deeper understanding of corporate flight departments."

Advanced software solutions available to the industry

Whether it be staffing constraints, asset management, communication tools or mobile accessibility, many processes are currently managed with excel sheets and phone calls that can easily be solved with the right technology. With PFM, Portside takes another step forward in assembling and creating a comprehensive business and government aviation platform.

Accelerate the process of upgrading software

With Portside's expertise, PFM products will have a clear path to cloud-based, mobile-first architecture. This will benefit all stakeholders, as upgraded technology will allow operators to maintain a modern operation, while having the flexibility to operate in a resilient way.

"Portside has a bold vision of building an end-to-end technology ecosystem for corporate flight departments and we have seen them continue to grow their product suite at a fast pace focused on serving the end user," said Bill Figures, Founder of PFM.  

About PFM

Professional Flight Management, Inc. (PFM) products include Corporate Flight Scheduling & Dispatch, Request & Corporate Shuttle Systems, Crew Apps, and Lobby Flight Status Board, among others. PFM has expanded to work with over 200 private, corporate and government flight departments worldwide. Learn more at www.pfmsys.com.

About Portside

Portside is developing a modern, cloud-based operating system for business and government aviation. The Portside platform supports operators of business jets, helicopters, industrial and government fleets, including fractional jet ownership programs in over 30 countries. Learn more at www.portside.aero.