Evinta.IBE opens up multiple revenue channels for Airlines
/EINPresswire.com/ Colombo, September 2012
Evinta.IBE – a multi-channel booking platform –revolutionizes the way in which airline tickets are sold by applying new technology on old sales channels.
Airlines have always provided richer functionality and better fares to Web customers. Why? Because they want to lure passengers away from traditional sales channels which are both expensive and rigid. Yet International Air Transportation Industry (IATA) statics show that over 50% of the world’s flights continue to be sold through travel agencies. These agents rely on global distribution systems (GDSs) to display and compare airline fares. These GDSs charge airlines up to $ 12.00 per ticket sold. This stupendous cost is forcing airlines to focus their attention on direct sales at the risk of abandoning their travel-agency-preferring customers.
But what if you could still use traditional travel agencies without paying heavy GDS fees? This is what Evinta.IBE sets out to do. It leverages in e-Technologies to distribute airline inventory and fares to all sales channels - airline website, call centre, direct sales offices and stations, IATA travel agents, non-IATA travel agents, corporate customers and online travel agents (OTAs).
Evinta.IBE currently integrates with a host of central reservation systems. Hence it is able to access ticket fares and seats from where the airlines already publish.
Ability to “unbundle” the product is another defining ability of Evinta.IBE. Unbundling the ticket means that passengers can pay a basic price for the flight itself and then choose add-ons such as insurance, preferential seating, special meals and priority boarding. These ancillary revenues amount to $32.5 billion worldwide.
John Keells Computer Services (JKCS) which is a key player in aviation technology is the creator of this multi-channel internet booking engine.
“Evinta.IBE has earned its place in the aviation industry by its proven ability to cater to any airline of any size and nature”, said J.C.Ekanayake – Chief Operating Officer of JKCS. “33% of the world’s 5-star airlines use Evinta Internet Booking Engine, along with number of other carriers across Europe, the Middle East, Africa and Asia. More than 1.5 million flights are booked through Evinta booking engines worldwide per annum.” he added.
For a cost conscious airline industry, systems like Evinta are ideal since they do not involve high implementation investment costs. On a fully Internet based system such as Evinta, airlines can simply pay-per-use. With Evinta.IBE, airlines can achieve more than 30% reduction in annual costs. They can reduce staff costs, administrative costs as well as logistical overheads.
Since airlines are constantly on the verge of change and development, Evinta.IBE has broadened its arms to new trends to support them. Crew bookings, Mobile Booking Applications, Social Media Applications are some of the additions that are in the JKCS roadmap for Evinta.
Annual passenger numbers are approaching 3 billion, inviting more aggressive and intense competition from existing and future players. This makes the aviation industry one of dynamism, customer centralization and consistent growth. For airlines today, increasing their market presence and their sales is of vital importance. Evinta.IBE ensures that its clients are two steps ahead: closer to novel technology with support to grow in line with the dynamics of the industry.
Media Contact
Ruwandi Perera
John Keells Computer Services
ruwandi@jkcsworld.com
Mob: +94779099461
www.jkcsworld.com
About JKCS
John Keells Computer Services (Pvt) Ltd (JKCS) is Sri Lanka’s only specialist aviation software Company which has earned its wings by engineering core systems for a number of airlines and airports. JKCS is a fully owned subsidiary of John Keells Holdings which is the Sri Lanka’s largest listed conglomerate.
Contact JKCS – +94 11 230 0770, info@jkcsworld.com or www.jkcsworld.com.
About John Keells Holdings (JKH)
(Reuters: JKH.CM, Bloomberg: JKH.SL, Dow Jones: P.JKH)
John Keells Holdings PLC (JKH) is Sri Lanka’s highest market capitalized company listed on the Colombo Stock Exchange. From managing the largest number of hotel rooms in Sri Lanka to owning the largest private-sector-owned transportation business in the country, tea broking to stock broking, banking to real estate, manufacturing of food and beverages to super marketing, providing port and marine fuel services to IT solutions, JKH has made its presence felt in every major sphere of the economy.
Evinta.IBE – a multi-channel booking platform –revolutionizes the way in which airline tickets are sold by applying new technology on old sales channels.
Airlines have always provided richer functionality and better fares to Web customers. Why? Because they want to lure passengers away from traditional sales channels which are both expensive and rigid. Yet International Air Transportation Industry (IATA) statics show that over 50% of the world’s flights continue to be sold through travel agencies. These agents rely on global distribution systems (GDSs) to display and compare airline fares. These GDSs charge airlines up to $ 12.00 per ticket sold. This stupendous cost is forcing airlines to focus their attention on direct sales at the risk of abandoning their travel-agency-preferring customers.
But what if you could still use traditional travel agencies without paying heavy GDS fees? This is what Evinta.IBE sets out to do. It leverages in e-Technologies to distribute airline inventory and fares to all sales channels - airline website, call centre, direct sales offices and stations, IATA travel agents, non-IATA travel agents, corporate customers and online travel agents (OTAs).
Evinta.IBE currently integrates with a host of central reservation systems. Hence it is able to access ticket fares and seats from where the airlines already publish.
Ability to “unbundle” the product is another defining ability of Evinta.IBE. Unbundling the ticket means that passengers can pay a basic price for the flight itself and then choose add-ons such as insurance, preferential seating, special meals and priority boarding. These ancillary revenues amount to $32.5 billion worldwide.
John Keells Computer Services (JKCS) which is a key player in aviation technology is the creator of this multi-channel internet booking engine.
“Evinta.IBE has earned its place in the aviation industry by its proven ability to cater to any airline of any size and nature”, said J.C.Ekanayake – Chief Operating Officer of JKCS. “33% of the world’s 5-star airlines use Evinta Internet Booking Engine, along with number of other carriers across Europe, the Middle East, Africa and Asia. More than 1.5 million flights are booked through Evinta booking engines worldwide per annum.” he added.
For a cost conscious airline industry, systems like Evinta are ideal since they do not involve high implementation investment costs. On a fully Internet based system such as Evinta, airlines can simply pay-per-use. With Evinta.IBE, airlines can achieve more than 30% reduction in annual costs. They can reduce staff costs, administrative costs as well as logistical overheads.
Since airlines are constantly on the verge of change and development, Evinta.IBE has broadened its arms to new trends to support them. Crew bookings, Mobile Booking Applications, Social Media Applications are some of the additions that are in the JKCS roadmap for Evinta.
Annual passenger numbers are approaching 3 billion, inviting more aggressive and intense competition from existing and future players. This makes the aviation industry one of dynamism, customer centralization and consistent growth. For airlines today, increasing their market presence and their sales is of vital importance. Evinta.IBE ensures that its clients are two steps ahead: closer to novel technology with support to grow in line with the dynamics of the industry.
Media Contact
Ruwandi Perera
John Keells Computer Services
ruwandi@jkcsworld.com
Mob: +94779099461
www.jkcsworld.com
About JKCS
John Keells Computer Services (Pvt) Ltd (JKCS) is Sri Lanka’s only specialist aviation software Company which has earned its wings by engineering core systems for a number of airlines and airports. JKCS is a fully owned subsidiary of John Keells Holdings which is the Sri Lanka’s largest listed conglomerate.
Contact JKCS – +94 11 230 0770, info@jkcsworld.com or www.jkcsworld.com.
About John Keells Holdings (JKH)
(Reuters: JKH.CM, Bloomberg: JKH.SL, Dow Jones: P.JKH)
John Keells Holdings PLC (JKH) is Sri Lanka’s highest market capitalized company listed on the Colombo Stock Exchange. From managing the largest number of hotel rooms in Sri Lanka to owning the largest private-sector-owned transportation business in the country, tea broking to stock broking, banking to real estate, manufacturing of food and beverages to super marketing, providing port and marine fuel services to IT solutions, JKH has made its presence felt in every major sphere of the economy.
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