RELX's Cirium Launches Satellite-Based Aircraft Maintenance Tracking Feature

British analytics company RELX PLC's RELX Cirium has launched a satellite-based aircraft maintenance tracking feature in its Ascend Profiles module.
Cirium brings together powerful data and analytics, enabling travel companies, aircraft manufacturers, airports, airlines, and financial institutions, among others, to make logical and informed decisions.
The new Ascend Profiles' Ground Events feature is Cirium's first phase to enable the aviation industry to monitor and predict future aircraft maintenance events.
Thus businesses can better understand when and where an aircraft last had a maintenance event and forecast its next visit.
It will also help identify aircraft transitions and define strategies around how and where maintenance and aftermarket budgets are being allocated by operators.
"By tracking each Ground Event of an airline's aircraft, we can identify whether it was for redesigned cabins, new aircraft branding, a maintenance event, or for its return to service," said Cirium CEO Jeremy Bowen.
Price Action: RELX shares closed higher by 0.04% at $27.58 on Tuesday.