PASSUR Aerospace Announces Increased Revenue for Both the Three and Nine Month Periods Ended July 31

PASSUR Aerospace provides a complete set of integrated, collaborative tools to allow airlines, airports, and air navigation service providers to better predict, prioritize, prevent, and recover from inevitable unexpected disruptions. These disruptions have long been seen as the cost of doing business in the industry, which PASSUR has proven can be mitigated, in part, through the integrated use of our software.

As such, we provide digital solutions to the global travel industry and help customers improve punctuality, optimize turn times and gate utilization, ensure schedule integrity (e.g., passenger connections), improve block-time performance, and reduce fuel burn/emissions.

PASSUR provides its solutions to the largest airlines and airports in the US. Currently over 60 percent of all flights in the US are, in some form, managed by the PASSUR software. Additionally, PASSUR provides its proven, established capabilities to the global airline and airport industry, with solutions now implemented in Canada, Europe, and Latin America. The global market presents an opportunity to network more customers in a broader market.

All PASSUR solutions are being consolidated onto PASSUR's Ariva platform, which will provide a single, common operating platform for customers to optimize their operations. Supporting these capabilities is PASSUR's flight, constraint, and capacity prediction technology, which is based on years of data and machine learning. PASSUR brings the most relevant experience to the global aviation industry and combines deep domain expertise with Ariva's digital automation solutions.