Gulf Air has become the latest customer for the RAPID revenue accounting solution developed by Mercator.
The national carrier of Bahrain and Oman will soon be enjoying the benefits of the passenger revenue accounting version of the industry leading solution from the IT division of the Emirates Group. RAPID Passenger analyses the information on air tickets to give airlines the crucial financial and strategic details needed to determine how their business is performing.
Advantages for Gulf Air will include the swift determination of revenue, boosted productivity and efficiency, slashed accounting costs and refined processes.
Fareed Al Alawi, Vice President Network of Gulf Air, said:
'RAPID Passenger will give us all the tools we need to automate our revenue accounting, and will help us speed up cash flow, reduce costs, prevent fraud and increase revenues. This is yet another milestone in our continual quest towards improving the financial efficiency of Gulf Air.'
Gulf Air is one of the most established airlines in the Gulf region. It operates scheduled services serving more than 46 destinations throughout Africa, Asia, Australia, Europe and the Middle East. More than six million people travelled on its fleet of 34 aircraft last year.Rashid Al Khayat, Manager Regional Sales and Accounts, Mercator, said: 'The unrivalled quality of our solution and the unmatched experience of our IT and revenue accounting professionals have combined to make us the first choice supplier for airline revenue accounting solutions.
'Mercator's solutions are winning more and more customers, and we're delighted to welcome Gulf Air to the family. They join a customer family of world-renowned carriers - an endorsement of which Mercator is very proud.'
Airlines already benefiting from the RAPID family of products include Air Malawi, Air New Zealand, Air Niugini, Air Pacific, Air Sahara, Air Tahiti Nui, Air Zimbabwe, Avianca, British Airways, Cyprus Airways, Emirates, Jet Airways, Kenya Airways, Malaysian, MEA, Olympic, Qantas, Royal Air Maroc, Royal Brunei, Singapore Airlines, South African Airways, SriLankan, Syrian Arab Airlines, TACA, Tarom, Varig, Virgin Nigeria and Yemenia.
-Ends-
Contact:
Amal Akbar,
Emirates Corporate Communications
Tel: (+9714) 203 3976,
Mob: (+97150)640 4755,
visit: www.emirates.com
© Press Release 2006
