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British Airways has become the first airline to
sign for Amadeus’ new Passenger Revenue Accounting solution.
The web-based system employs
state-of-the-art technology in order to transform revenue
accounting from a labour-intensive task to a faster, more flexible
strategic function.
Amadeus Passenger Revenue Accounting is designed
to help airlines increase revenue, reduce operational costs, and
make revenue decisions more quickly and accurately.
British Airways is scheduled to migrate to the new
solution in early 2014 and will benefit from the solution’s full
integration with the Amadeus Altéa solution, of which British
Airways is a long standing customer.
“The removal of paper documents from the passenger
distribution process provides the opportunity to bring revenue accounting closer to the operational functions. We have been
looking for a passenger revenue accounting system that takes
maximum advantage of this opportunity, and the solution agreed
will be delivered in partnership with Amadeus,” said Gyorgyi
Szantner, Head of Finance Services, British Airways. “We
believe it will enable us to transform passenger revenue
accounting from a 'back office' function to a 'front-end'
activity, providing real time visibility across the airline
including our operational colleagues on how well the airline is
performing.”
Christophe Bousquet, VP,
Development, Amadeus, said, “This strategic partnership with
British Airways demonstrates that we both share the same vision
for a next generation passenger revenue accounting solution. Our passenger revenue accounting system is built using modern
technology and embraces the latest industry standards. It allows
for real-time acquisition, reporting and accounting thanks to its
unique integration with airline operational systems. Accuracy and
productivity are both increased and essentially, this new Amadeus
solution enables airlines to know their revenues as soon as the
plane doors close.”
Amadeus’ Passenger Revenue
Accounting solution responds to the airline industry’s
requirements for a fully integrated, fully scalable, paperless
solution that is adaptable to support partnership agreements such
as alliances, joint ventures and mergers, whilst complying with
new market or industry trends such as electronic miscellaneous
documents or simplified interline settlement.
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