Recognising that many airlines need a boost amid tough
conditions in the travel industry this year, Abacus is waiving all the
standard subscription fees for its popular Abacus FareX solution.
“Airfare pricing is some of the most dynamic
pricing of any industry, anywhere in the world and the 12-month
fee waiver on Abacus FareX will make it even easier for travel
agents to stay on top of the ever-changing picture of net fares
which change by the hour and day,” said Brett Henry, the company’s
Vice President Marketing.
With a range of 59
airlines spanning 19 markets distributing their net fares through
the Abacus FareX system, the Abacus move will help save airlines up to
US$200,000 per year.
older channels make keeping track of net fare changes a chore and
often result in inaccurate fare quotes or misinterpretation of
fare rules, leading to travel agents incurring Airline Debit Memos
(ADMs). Apart from the considerable financial impact, airline
debit memos can also be the cause of strained relationships
between travel agencies and airlines,” Mr Henry said.
Built into Abacus FareX are pricing tools that allow
travel agents to search for the lowest special fares with
automated guaranteed pricing, ticketing and complete rules
Mr. James Yu, Vice President, of China Airlines Taiwan,
welcomed the fee waiver from Abacus, saying,
“In the current environment many airlines are looking to reduce
their costs and every bit makes a difference. We applaud Abacus’
move with its Abacus FareX solution which is rapidly becoming an
industry essential as net fares proliferate.”
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