0624 GMT Boeing this year projected a need for 558,000 new commercial airline pilots over the next 20 years. Sound like a good market? Boeing seems to think so, buying German-based Peters Software for an undisclosed amount. Peters Software is in the pilot education business with a focus on the first stage of their flying to European Aviation Safety Agency standard. Peters Software, with its staff of about 20 people, is based in Cologne. (robert.wall@wsj.com)

 
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(END) Dow Jones Newswires

October 12, 2015 07:22 ET (11:22 GMT)

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