LONDON, September 8th 2020 – Moorgate Benchmarks, the index company driving change, today announced that it has been selected by Skytra, a wholly owned subsidiary of Airbus, to lead the Skytra Index Oversight Committee (SIOC). As required by EU benchmarks regulation, SIOC is the formal oversight function of the Skytra Price Indices, designed to benchmark the price of air travel in the various travel markets around the world.

Under the terms of the agreement, Moorgate Benchmarks worked with Skytra to establish SIOC and build governance structures and documentation to support Skytra’s benchmark administration business. Moorgate Benchmarks continues to provide technical advice on index management, index development and governance.

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