Today, Brussels Airport Company has acquired a majority stake (80%) in Jetpack, a young Belgian company specializing in data analytics and artificial intelligence. Jetpack turns data into information by combining data science and artificial intelligence to improve business processes and accelerate innovation. Thanks to this participation, Brussels Airport is expanding its know-how in the fields of big data and artificial intelligence, which will allow it to optimize its performance and offer its passengers even more differentiated services. Jetpack will continue to develop its activities independently and create a new competence and innovation center with a focus on the aviation industry.
Brussels Airport Company receives and generates large amounts of data through its activities. This data has been used for many years to optimize operations (baggage, screening, check-in, etc.) by making predictions about the various operations within the airport. An example is the Airport Operations Plan drawn up a few years ago, which, thanks to waiting time forecasts, allows passenger and baggage flows to be optimised. This acquisition of Jetpack, with which Brussels Airport Company has been working for several years, will enable the use of data to be pushed even further.
“Brussels Airport’s investment in Jetpack fits perfectly with our strategy of continuously improving our operational and commercial performance to better serve our customers. The optimization of our processes requires the real-time analysis of a large amount of data and the creation of forecasts based on the increased use of artificial intelligence. Thanks to Jetpack, we will accelerate our developments in this area. Jetpack will continue to serve all of its customers and develop solutions for various industries. We look forward to working with the entire Jetpack team who will help us stay relevant in an ever-changing digital environment’, said Arnaud Feist, CEO of Brussels Airport Company.
A young and dynamic company
Founded in 2017 and based in Brussels, Jetpack now employs around fifteen people and specializes in data processing and artificial intelligence. Brussels Airport Company today acquired a majority stake in Jetpack, with the founding members remaining minority shareholders. Jetpack will continue to operate and grow independently with its own customers – but create a center of excellence and innovation for the aviation industry.
“All Jetpack co-founders are delighted to have found a partner for innovation and growth in Brussels Airport. Jetpack will continue to independently serve and grow its customer portfolio. Thanks to this privileged connection with Brussels Airport, which gives us an impressive field for cross-industry development, we will be able to accelerate the development of innovative solutions for all our customers. said Raphael Krings, co-founder of Jetpack.