Hong Kong-based Peak Pacific limited has purchased the eLearning content business of Helsinki-based Finnair Flight Academy (FFA). The acquisition of the eLearning library enables Peak Pacific to expand its footprint in the aviation eLearning market in Europe.
Peak Pacific and Finnair Flight Academy were already engaged as business partners in co-developing high quality eLearning modules for their customers. Earlier in 2016, as part of its broader business consolidation towards core training services, the FFA decided to sell its interest in the eLearning business partnership to Peak Pacific Group.
Peak Pacific founder and CEO, Kishor Mistry, said the purchase was part of the Group's plans to consolidate its presence in the European market. "Our business relationship with the Finnair Flight Academy has been exemplary and we are delighted that the FFA has entrusted us with the care of their European eLearning customers. This acquisition gives us a consolidated library of over 160 high-quality eLearning programmes that we can offer to our global customers."