IBS Software inks multi-million dollar pact with British Airways
Thiruvananthapuram, June 21 : Technopark-headquartered IBS Software, a leading provider of new-gen IT solutions to the aviation industry, has signed a multi-million dollar contract with British Airways (BA) to provide solutions for flight and crew operations management.
IBS in a statement issued here on Thursday said the multi-year contract will see the implementation of its newly-launched, state-of-the-art digital platform, iFlight Neo, which will replace the airline's existing solutions.
iFlight NEO is a browser-based application, providing users with enhanced situational awareness as well as access across multiple platforms and devices.
The technology solution will not only replace the airline's legacy mainframe operations control system and flight crew tracking system, but also consolidate a number of other applications into one comprehensive system.
Klaus Goersch, Chief Operating Officer at British Airways, said the IBS solution will keep track of the movement and roistering of 270 aircraft and 4,500 pilots around the world.
"To be chosen by one of the most prestigious airlines in the world is indeed a defining moment for our iFlight NEO platform. We expect to add substantial business value to BA and be a transformational partner in their quest to achieve increased operational efficiencies and growth," said VK Mathews, IBS Group Executive Chairman.
One of the first companies to be set up in Technopark here in the late nineties, IBS operates from three locations in the country and six abroad and employs nearly 3,000 professionals and its solutions are placed in several leading airlines.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
JPMorgan executive sued in New York over alleged sexual abuse, harassment by former colleague
New York: A senior executive at JPMorgan Chase has been sued by a former colleague in New York, with allegations of prolonged sexual abuse, racial harassment and workplace intimidation.
The civil suit was filed before the New York County Supreme Court, as reported by The Observer Post. It names Lorna Hajdini, an executive director at the bank, as the defendant. The complainant, identified as “John Doe,” is described as an Asian banker who worked in the leveraged finance division.
The complaint alleges that the misconduct began after the two started working together in early 2024. It states that the defendant allegedly used her senior position to pressure him into unwanted sexual encounters and threatened his career progression if he refused.
The lawsuit further alleges multiple incidents of coercion and claims that the harassment escalated into sexual assault, despite repeated objections.
It also includes allegations of racial harassment, stating that derogatory remarks were made about the complainant’s ethnicity and personal life. The complaint further alleges that the defendant admitted to drugging him on certain occasions and accessed his bank account without authorisation.
Two witnesses have been cited in the filing as corroborating parts of the complainant’s account, including hearing his protests during alleged incidents.
The complainant has stated that he reported the alleged misconduct internally in May 2025. He further alleges retaliation, including loss of system access, reprimands, and being placed on involuntary leave. He also claims he received threatening calls referencing his ethnicity and immigration status.
His counsel, Daniel J. Kaiser, said the complainant has suffered emotional trauma and professional setbacks, including a diagnosis of post-traumatic stress disorder.
Responding to the allegations, JPMorgan Chase denied any wrongdoing, stating that an internal investigation found no evidence to support the claims. The bank said that while several employees cooperated with the inquiry, the complainant did not participate in the process or provide supporting details.
