Thursday, Apr 18 2024 | Time 08:53 Hrs(IST)
image
Business Economy


Fly Gangwon partners with IBS software to overhaul its distribution

Thiruvananthapuram, Aug 11 (UNI) Fly Gangwon, the South Korean Tourism Convergence Carrier (TCC) airline startup, has partnered with IBS Software to overhaul its distribution and reservations capabilities.
It seeks to attract and retain customers and boost revenue as domestic air travel in South Korea as the startup continues to bounce back.
By deploying IBS Software’s iFly Res platform, Fly Gangwon will overhaul its limiting, legacy booking system and implement a fully digital, omni channel platform that will empower it to promote and differentiate products and offers through multiple channels, transforming the customer experience in the process.
Fly Gangwon’s system was unable to gain customer insight or delivered tailored offers. Moving to the iFly Res cloud platform will enable Fly Gangwon to dynamically manage customer profiles, implement differentiated B2B and B2C internet booking engines and significantly enhance indirect distribution.
These capabilities will transform the airline’s retailing experience and customer satisfaction, giving them a competitive edge in the South Korea low-cost market.
The deployment is fully cloud enabled, hosted on Amazon Web Services, providing iFly Res with industry leading personal information management and security.
IBS Software has already achieved Amazon Web Services (AWS) Travel and Hospitality Competency status.
“Customers are the lifeblood of any passenger airline and it’s critical that we continue to put them first by investing in latest technology to deliver more personalised, relevant and engaging offers and services,” Mr Won Suk Joo, CEO Fly Gangwon, said in a release here on Wednesday.
“Our partnership with IBS Software will bring us closer than ever to our customers, and together we can surprise and delight them in new and increasingly innovative ways.”
“In a challenging and competitive market, you need every advantage to thrive. Fly Gangwon’s single-minded dedication to casting away the limitations of legacy technology and embracing cloud technology to transform their passenger offering and customer experience makes them a joy to work with,” said David Friderici, Head of Aviation Passenger Solutions, IBS Software.
“Dynamic, data-led PSS undoubtedly deliver airlines with a competitive advantage, higher revenues and more engaged, happier customers. We’re excited to continue innovating with Fly Gangwon and seeing the partnership deliver commercial value.”
iFly Res is designed to provide airlines with greater business flexibility and operational efficiency. Born out of a need for more dynamic PSS in the aviation industry, iFly Res features a customer-centric design that can seamlessly manage changing business models - from low cost to hybrid operations.
iFly Res is the first natively compliant IATA NDC PSS product in the industry, with a rich API portfolio that exposes fully NDC compliant booking and DCS functions providing rapid connectivity to content providers, consumers and trade partners.
For more information on iFly Res, see Airline Passenger Solutions.
UNI DS CS 1313
More News

17 Apr 2024 | 7:45 PM

Mumbai, Apr 17 (UNI) Despite over 17 per cent jump in Revenue, Tata Communications’ net profit has come down more than 46 per cent to Rs 968 crore for the fiscal 2023-24 down from Rs 1796 crore in the previous financial year.

see more..

17 Apr 2024 | 7:31 PM

Mumbai, Apr 17 (UNI) Despite over 17 per cent jump in Revenue, Tata Communications’ net profit has come down more than 46 per cent to Rs 968 crore for the fiscal 2023-24 down from Rs 1796 crore in the previous financial year.

see more..

Premier Energies Photovoltaic Private Ltd secures export order from Amara Raja Infra for Bangladesh project

17 Apr 2024 | 7:23 PM

Kolkata, Apr 17 (UNI) Premier Energies Photovoltaic Private Limited, a wholly owned subsidiary of Premier Energies Limited (PEL), India’s second largest integrated solar cell and solar module manufacturer, has achieved another milestone by securing a 140 megawatt (MW) Solar PV Modules supply export order from Amara Raja Infra Private Limited for an EPC project in Bangladesh.

see more..

ZEE new org structure – Broadcast, Digital, Movies & Music key Biz verticles

17 Apr 2024 | 6:00 PM

New Delhi, Apr 17 (UNI) A day after withdrawing merger implementation application from NCLT, ZEE Entertainment on Wednesday announced new structure for the organization across 4 key business areas – Broadcast, Digital, Movies and Music with a view to enhance performance and profitability.

see more..

PHD Chamber identifies 10 key enablers for India to become Viksit Bharat by 2047

17 Apr 2024 | 5:01 PM

New Delhi, Apr 17 (UNI) Industry body PHD Chamber of Commerce and Industry has identified 10 key enablers including ease of doing business, reducing cost of doing business such as cost of capital, power, logistics, land among others, that would lead the Indian economy to “Viksit Bharat by 2047”
Releasing a blueprint for “Viksit Bharat by 2047”, the PHDCCI said the Indian economy is displaying robust growth post Covid pandemic despite continued global headwinds. India’s economy will become USD 34.7 trillion by 2047 with per capita income of USD 21000.

see more..
image