Technology and Innovation in travel industry
NEW DELHI, 12th May 2016: Recently Airlines Technology participated in Technology and Innovation in Airline Distribution by Flight Global Events.
In panel discussion on “EVALUATING THE PROGRESS OF NDC” , Paras Paras Kumar, CTO & Co – founder , Airlines Technology insisted on commercial viability of aggregators has to be there for NDC to be successful. It’s just not possible for airlines to deal all clients directly. Even today 70% of reservation happens on online travel agent portals.
On same, Yanik Hoyles, Director of NDC Program, IATA ,said we agree to this but have limited role and advice on this.
Sergio Fernandez Sastre , Head of Products – Airlines division, Indra said “ market forces will decide for themselves and it’s a great force to find equilibrium “
Technology and Innovation in Airline Distribution was held from 11th May to 12th May , 2016 in Hong Kong.
Further added by Paras Kumar, CTO & Co – founder , Airlines Technology “Airlines and IATA has to clarify commercial viability for NDC aggregators to be successful “.
Conference was attended by top executives from IATA, Farelogix, SITA, Amadeus, Sabre,Lufthansa, Quantas, Swiss Air and all major Asian airlines.
Airlines Technology has in-depth knowledge of air-transport industry. Its knowledge coupled with insights from research conducted across multiple industries, they believe that a Digital Strategy that seeks to exploit unique opportunities and help airlines come up with newer and better value propositions, revenue models and operating models. As an NDC enabled Aggregator they enable consumers to buy choice products from airlines and travel agents. They were founded in June 2015 having Headquarter in Gurgaon (India). They also have a team working from Sydney (Australia).
For any additional information or clarification, please visit:http://airlinestechnology.com/