|
Electronic Miscellaneous Document
The Electronic Miscellaneous Document (EMD) is an International Air Transport Association (IATA) standard for electronically documenting ancillary revenue; that is, all other sales and transactions between airlines and passengers besides electronic tickets. It is a step toward moving the airline industry to purely electronic transactions in the business-to-consumer context. Overview The flaw with electronic tickets is that they only document ''one'' very simple type of transaction: a passenger boards a plane at point A and gets off at point B, and the airline charges (1) airfare and (2) taxes. At the time e-tickets were first implemented in the 1990s, this simple data structure was not a major problem because most airlines still practiced product bundling. That is, it was simply expected in most major markets that the price of a ticket included many other ancillary services like (1) checking up to two regular-sized bags and (2) one or two in-flight meals. During the 1990s and 2 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Air Transport Association
The International Air Transport Association (IATA ) is a trade association of the world's airlines founded in 1945. IATA has been described as a cartel since, in addition to setting technical standards for airlines, IATA also organized tariff conferences that served as a forum for price fixing. Consisting in 2016 of 290 airlines, primarily major carriers, representing 117 countries, the IATA's member airlines account for carrying approximately 82% of total available seat miles air traffic. IATA supports airline activity and helps formulate industry policy and standards. It is headquartered in Canada in the city of Montréal, with executive offices in Geneva, Switzerland. History IATA was formed in April 1945 in Havana, Cuba. It is the successor to the International Air Traffic Association, which was formed in 1919 at The Hague, Netherlands. At its founding, IATA consisted of 57 airlines from 31 countries. Much of IATA's early work was technical and IATA provided input to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Amadeus CRS
Amadeus is a computer reservation system (or global distribution system, since it sells tickets for multiple airlines) owned by the Amadeus IT Group with headquarters in Madrid, Spain. The central database is located at Erding, Germany. The major development centres are located in Sophia Antipolis (France), Bangalore (India), London ( UK), and Boston (United States). In addition to airlines, the CRS is also used to book train travel, cruises, car rental, ferry reservations, and hotel rooms. Amadeus also provides New Generation departure control systems to airlines. Amadeus IT Group is a transaction processor for the global travel and tourism industry. The company is structured around two key related areas—its global distribution system and its IT Solutions business area. Amadeus is a member of IATA, OTA and SITA. Its IATA airline designator code is 1A. Other major reservation systems * AirCore * Galileo *iFlyRes * Navitaire (also owned by Amadeus) * Sabre * TravelSky * Wor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TravelSky
TravelSky Technology Limited is the dominant provider of information technology services to the Chinese air travel and tourism industries. Its clients include airlines, airports, air travel suppliers, travel agencies, individual and corporate travel consumers and cargo services. It is listed on the Hong Kong stock exchange and its majority shareholder or parent group is the China TravelSky Holding Company, a State-owned enterprise (SOE). History Originally "a government unit staffed with only dozens of people", the organisation has grown with Chinese aviation reform to represent a group of companies in multiple countries. Corporate structure TravelSky Technology Limited was listed on the Hong Kong Stock Exchange in July 2008 with stock code 0696.HK and TSYHY. New York. Its majority shareholder is the China TravelSky Holding Company which itself is a national enterprise under the State-owned Assets Supervision and Administration Commission of the State Council. The core holding ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Travelport
Travelport Worldwide Ltd provides distribution, technology, payment solutions for the travel and tourism industry. It is the smallest, by revenue, of the top three global distribution systems (GDS) after Amadeus IT Group and Sabre Corporation. The company also provides IT services to airlines, such as shopping, ticketing, and departure control. History The company was formed by Cendant in 2001 following its acquisitions of Galileo GDS for $2.9 billion and CheapTickets for $425 million. In 2004, the company acquired Orbitz for $1.25 billion and Flairview Travel for $88 million. In 2005, the company acquired eBookers for $350 million and Gullivers Travel Associates for $1.1 billion. In August 2006, Cendant sold Orbitz and Galileo to The Blackstone Group for $4.3 billion, forming Travelport. In August 2007, Travelport acquired Worldspan for $1.4 billion. In July 2007, the company completed the partial corporate spin-off of Orbitz via an initial public offering. In May 2010, t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SITA (IT Company)
SITA is a multinational information technology company providing IT and telecommunication services to the air transport industry. The company provides its services to around 400 members and 2,500 customers worldwide, which it claims is about 90% of the world's airline business. Around the world, nearly every passenger flight relies on SITA technology. History SITA or ''Société Internationale de Télécommunications Aéronautiques'', was founded in February 1949 by eleven airlines ABB in order to bring about shared infrastructure cost efficiency by combining their communications networks. The eleven original airlines were: British European Airways Corporation (BEAC), British Overseas Airways Corporation (BOAC), British South American Airways (BSAA), KLM, Sabena, Swissair, TWA, Swedish A.G.Aerotransport, Danish Air Lines, Norwegian Air Lines and Air France. SITA was the first company to handle data traffic in real time via a packet switched network over common carrier leased li ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sabre (computer System)
Sabre Global Distribution System, owned by Sabre Corporation, is a travel reservation system used by travel agents and companies to search, price, book, and ticket travel services provided by airlines, hotels, car rental companies, rail providers and tour operators. Originally developed by American Airlines with the assistance of IBM in 1960, the booking service became available for use by external travel agents in 1976 and became independent of the airline in March 2000. Overview The system's parent company is organized into three business units: *Sabre Travel Network: global distribution system *Sabre Airline Solutions: airline technology *Sabre Hospitality Solutions: hotel technology solutions Sabre is headquartered in Southlake, Texas, and has employees in various locations around the world. History The name of the travel reservation system is an abbreviation for "Semi-automated Business Research Environment", and was originally styled in all-capital letters as SABRE. It wa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Iberia (airline)
Iberia (), legally incorporated as ''Iberia Líneas Aéreas de España, S.A. Operadora, Sociedad Unipersonal'', is the flag carrier airline of Spain. Founded in 1927 and based in Madrid, it operates an international network of services from its main base of Madrid–Barajas Airport. Iberia, with Iberia Regional (operated by an independent carrier Air Nostrum) and with Iberia Express, is a part of International Airlines Group. In addition to transporting passengers and freight, Iberia Group carries out related activities, such as aircraft maintenance, handling in airports, IT systems and in-flight catering. Iberia Group airlines fly to over 109 destinations in 39 countries, and a further 90 destinations through code-sharing agreements with other airlines. On 8 April 2010, it was confirmed that British Airways and Iberia had signed an agreement to merge, making the combined operation the third largest commercial airline in the world by revenue. Shareholders of both carriers app ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Emirates Group
The Emirates Group ( ar, مجموعة الإمارات) is a state-owned Dubai-based international aviation holding company headquartered in Garhoud, Dubai, United Arab Emirates, near Dubai International Airport. The Emirates Group comprises dnata, an aviation services company providing ground handling services at 126 airports, and Emirates Airline, the largest airline in the Middle East. Emirates Airlines flies to over 150 destinations across 6 continents, operating a fleet of over 250 wide-bodied aircraft. The airline has 170 aircraft on order worth US$58 billion. The Emirates Group has a turnover of approximately US$28.3 billion and employs over 105,000 employees across all its business units and associated firms, making it one of the biggest employers in the Middle East. The company is wholly owned by the Government of Dubai directly under the Investment Corporation of Dubai and as part of Dubai Inc. Head office The airline's head office is in the Emirates Grou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Amadeus IT Group
Amadeus IT Group, S.A. () is a major Spanish IT provider for the global travel and tourism industry. Company profile The company is structured around two areas: its global distribution system and its Information Technology business. Amadeus provides search, pricing, booking, ticketing and other processing services in real-time to travel providers and travel agencies through its Amadeus CRS distribution business area. It also offers computer software that automates processes such as reservations, inventory management software and departure control systems. It services customers including airlines, hotels, tour operators, insurers, car rental and railway companies, ferry and cruise lines, travel agencies and individual travellers directly. Amadeus processed 945 million billable travel transactions in 2011. The parent company of Amadeus IT Group, holding over 99.7% of the firm, is Amadeus IT Holding S.A. It was listed on the Spanish stock exchanges on 29 April 2010. Amadeus has ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Computer Reservations System
Computer reservation systems, or central reservation systems (CRS), are computerized systems used to store and retrieve information and conduct transactions related to air travel, hotels, car rental, or other activities. Originally designed and operated by airlines, CRSs were later extended for use by travel agencies, and global distribution systems (GDSs) to book and sell tickets for multiple airlines. Most airlines have outsourced their CRSs to GDS companies, which also enable consumer access through Internet gateways. Modern GDSs typically also allow users to book hotel rooms, rental cars, airline tickets as well as other activities and tours. They also provide access to railway reservations and bus reservations in some markets, although these are not always integrated with the main system. These are also used to relay computerized information for users in the hotel industry, making reservation and ensuring that the hotel is not overbooked. Airline reservations systems may be in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ancillary Revenue
Ancillary revenue is revenue that is derived from goods or services other than a company's primary product offering. Examples include concessions at sporting events, baggage handling or seat selection revenue received by airlines, restaurant revenue received by hotel owners, and car-wash services sold by gas stations. Ancillary revenue may exceed primary revenues, leading to changes in business models. Airline industry In the airline industry, ancillary revenue is revenue from non-ticket sources, such as baggage fees and on-board food and services. Airline ancillary revenue was estimated to be $92.9 billion worldwide in 2018. In the first half of 2018, ancillary revenue at Ryanair rose 28%. United Airlines is the leader in dollar volume of ancillary revenue. 2006 figures The following lists total ancillary revenue reported by these airlines for fiscal year 2006: easyJet €189,476,508, Aer Lingus €63,407,000, SkyEurope €10,827,000, AirAsia (Malaysia) €22,713,479. According ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ryanair
Ryanair is an Irish ultra low-cost carrier founded in 1984. It is headquartered in Swords, Dublin, Ireland and has its primary operational bases at Dublin and London Stansted airports. It forms the largest part of the Ryanair Holdings family of airlines and has Ryanair UK, Buzz, Lauda Europe, and Malta Air as sister airlines. It is Ireland's biggest airline and in 2016 became Europe's largest budget airline by scheduled passengers flown, carrying more international passengers than any other airline. Ryanair Group operates more than 400 Boeing 737-800 aircraft, with a single 737-700 used as a charter aircraft, as a backup, and for pilot training. The airline has been characterized by its rapid expansion, a result of the Airline deregulation, deregulation of the aviation industry in Europe in 1997 and the success of its low-cost business model. Ryanair's route network serves 40 countries in Europe, North Africa (Morocco), and the Middle East (Israel, Jordan and Turkey). The c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
