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Order HereSpanish global distribution system (GDS) provider Amadeus has reached an agreement to acquire US-based Navitaire—which specializes in the ticket reservation sector through its Open Skies and New Skies platforms—for $830 million.
Navitaire’s current owner Accenture, a broad-based technology and outsourcing giant, has developed the firm as a specialist in the low-cost and hybrid-carrier segments of the ticketing industry. Navitaire currently claims more than 50 operators worldwide, including low-cost carriers (LCCs) Scoot, Virgin, AirAsia X, IndiGo, Cebu Pacific, Tigerair and Jetstar, as well as Australian flag carrier Qantas.
Amadeus says the acquisition will expand its services deeper into the developing changing LCC segment from its traditionally full-service base.
“Bringing Navitaire’s experience, industry know-how, client base and strong product portfolio is significant step … in the low-cost and hybrid-carrier segments,” said Amadeus CEO Luis Maroto, adding the deal would give Amadeus an extended ability to drive new revenues and contain costs for airlines of all types.
Navitaire has established a wide range of specialist LCC-based services including ancillary revenue-generation and cost- streamlining as well as loyalty, revenue management, revenue accounting and business intelligence services.
Amadeus has also made an agreement with Accenture to develop new global capabilities in technology, analytics, cloud operations, mobility and operations as part of its push into what it says is a new the new mobile, digital trends within the airline operations and booking sectors.
Some 550 Navitaire employees and managers are expected to transfer to Amadeus following ratification of the deal in Q4 2015, pending regulatory approvals.
The information on this page may have been provided by a contributor and no guarantees can be made about the accuracy of any content. Contributors must obtain all necessary licenses and/or ownership rights from the relevant content owner(s) before submitting the same for publication. AIRLINE PARTNERSHIP disclaims all liability arising from the publication of content received from contributors. Please refer to our Disclaimer for more details.
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Order HereSpanish global distribution system (GDS) provider Amadeus has reached an agreement to acquire US-based Navitaire—which specializes in the ticket reservation sector through its Open Skies and New Skies platforms—for $830 million.
Navitaire’s current owner Accenture, a broad-based technology and outsourcing giant, has developed the firm as a specialist in the low-cost and hybrid-carrier segments of the ticketing industry. Navitaire currently claims more than 50 operators worldwide, including low-cost carriers (LCCs) Scoot, Virgin, AirAsia X, IndiGo, Cebu Pacific, Tigerair and Jetstar, as well as Australian flag carrier Qantas.
Amadeus says the acquisition will expand its services deeper into the developing changing LCC segment from its traditionally full-service base.
“Bringing Navitaire’s experience, industry know-how, client base and strong product portfolio is significant step … in the low-cost and hybrid-carrier segments,” said Amadeus CEO Luis Maroto, adding the deal would give Amadeus an extended ability to drive new revenues and contain costs for airlines of all types.
Navitaire has established a wide range of specialist LCC-based services including ancillary revenue-generation and cost- streamlining as well as loyalty, revenue management, revenue accounting and business intelligence services.
Amadeus has also made an agreement with Accenture to develop new global capabilities in technology, analytics, cloud operations, mobility and operations as part of its push into what it says is a new the new mobile, digital trends within the airline operations and booking sectors.
Some 550 Navitaire employees and managers are expected to transfer to Amadeus following ratification of the deal in Q4 2015, pending regulatory approvals.
The information on this page may have been provided by a contributor and no guarantees can be made about the accuracy of any content. Contributors must obtain all necessary licenses and/or ownership rights from the relevant content owner(s) before submitting the same for publication. AIRLINE PARTNERSHIP disclaims all liability arising from the publication of content received from contributors. Please refer to our Disclaimer for more details.
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Order HereSpanish global distribution system (GDS) provider Amadeus has reached an agreement to acquire US-based Navitaire—which specializes in the ticket reservation sector through its Open Skies and New Skies platforms—for $830 million.
Navitaire’s current owner Accenture, a broad-based technology and outsourcing giant, has developed the firm as a specialist in the low-cost and hybrid-carrier segments of the ticketing industry. Navitaire currently claims more than 50 operators worldwide, including low-cost carriers (LCCs) Scoot, Virgin, AirAsia X, IndiGo, Cebu Pacific, Tigerair and Jetstar, as well as Australian flag carrier Qantas.
Amadeus says the acquisition will expand its services deeper into the developing changing LCC segment from its traditionally full-service base.
“Bringing Navitaire’s experience, industry know-how, client base and strong product portfolio is significant step … in the low-cost and hybrid-carrier segments,” said Amadeus CEO Luis Maroto, adding the deal would give Amadeus an extended ability to drive new revenues and contain costs for airlines of all types.
Navitaire has established a wide range of specialist LCC-based services including ancillary revenue-generation and cost- streamlining as well as loyalty, revenue management, revenue accounting and business intelligence services.
Amadeus has also made an agreement with Accenture to develop new global capabilities in technology, analytics, cloud operations, mobility and operations as part of its push into what it says is a new the new mobile, digital trends within the airline operations and booking sectors.
Some 550 Navitaire employees and managers are expected to transfer to Amadeus following ratification of the deal in Q4 2015, pending regulatory approvals.
The information on this page may have been provided by a contributor and no guarantees can be made about the accuracy of any content. Contributors must obtain all necessary licenses and/or ownership rights from the relevant content owner(s) before submitting the same for publication. AIRLINE PARTNERSHIP disclaims all liability arising from the publication of content received from contributors. Please refer to our Disclaimer for more details.