New Delhi, India, 08 October, 2014: Vistara today announces a partnership with Amadeus, a leading technology partner for the global travel industry, to implement the Amadeus Altéa Suite of technology solutions.
Reflecting Vistara’s belief that technology is pivotal to providing a seamless, personalized service, Amadeus technology will power Vistara’s travel reservations, inventory management, airport departure control systems, as well as revenue accounting and revenue management.
Vistara is the first airline in India to adopt the Amadeus Altéa Suite, which is already used by more than 120 airlines worldwide, including Singapore Airlines.
Mr. Phee Teik Yeoh, CEO, Vistara said, “Vistara is set to transform the Indian aviation landscape and we are extremely pleased to partner with Amadeus, a global leader in technology solutions for the travel industry. Our technology partnership with Amadeus will be a key differentiator offering advanced features and an integrated platform for our customers across multiple channels including mobile and web.”
Vistara has also committed to Amadeus’ e-commerce and loyalty solutions to drive online bookings and optimize their frequent flyer programme. These will also help Vistara derive maximum operational efficiencies, reduce unnecessary waiting times at airports and ensure a seamless experience for its customers.
Julia Sattel, SVP, Airline IT, Amadeus IT Group said: “I would like to warmly welcome Vistara into the growing Amadeus Altéa community. At Amadeus we are committed to connecting, serving and managing the needs of both our customers and the evolving 21st Century traveler. At the same time, I would like to place on record how pleased we are to sign an agreement which marks the first airline in India to adopt our Altéa solution”.
Mr. Hazem Hussein, EVP, Airline Commercial, Amadeus Asia Pacific said, “There is a huge opportunity for full-service carriers like Vistara to revolutionize Indian air travel with technology as the key differentiator. In today’s fiercely competitive aviation industry, technology can be the make or break difference for airlines. We are proud that Vistara has chosen Amadeus as its founding technology partner.”
Based on existing airline contracts, Amadeus estimates that by 2017 the number of Passengers Boarded (PBs) managed by Altéa will be around 1 billion.
Note to the editors:
TATA SIA Airlines Limited, known by the brand name Vistara, is a joint venture between Tata Sons Limited and Singapore Airlines Limited (SIA) with Tata Sons holding the majority stake of 51% in the company and SIA holding the remaining 49%. Vistara brings together Tata’s and SIA’s legendary hospitality and renowned service excellence to launch a full-service carrier in India aimed at creating memorable flying experiences for its customers. Obsessed with quality, the company aims to set new standards in the aviation industry in India, with international best practices and state-of-the-art technology in the Indian air transport sector.
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Amadeus is a leading provider of advanced technology solutions for the global travel industry. Customer groups include travel providers (e.g. airlines, hotels, rail and ferry operators, etc.), travel sellers (travel agencies and websites), and travel buyers (corporations and travel management companies). The Amadeus group employs around 10,000 people worldwide, across central sites in Madrid (corporate headquarters), Nice (development) and Erding (operations), as well as 71 local Amadeus Commercial Organizations globally.
The group operates a transaction-based business model. For the year ended December 31, 2013, the company reported revenues of €3,103.7 million and EBITDA of €1,188.7 million. Amadeus is listed on the Spanish Stock Exchange under the symbol “AMS.MC” and is a component of the IBEX 35 index.
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