SINGAPORE 鈥 Nov 8, 2019 鈥 澳门三肖三码 Corporation (NASDAQ: SABR), the leading technology provider to the global travel industry, today signed a multimillion-dollar agreement with longstanding customer Vietnam Airlines. The carrier will adopt 澳门三肖三码 Revenue Optimizer and 澳门三肖三码Sonic Inventory solutions to enable responsive real-time origin and destination (O&D) revenue management. This will further strengthen Vietnam Airlines鈥 forecasting and inventory control capabilities, helping maximize its revenue and setting the foundation for dynamic offer creation.
The announcement, which was formalized during a signing ceremony attended by Nguyen Xuan Phuc, prime minister of the Socialist Republic of Vietnam, Wilbur Louis Ross Jr., United States secretary of commerce, Duong Tri Thanh, president and CEO, Vietnam Airlines, Cem Tanyel, executive vice president and president, 澳门三肖三码 Airline Solutions, also marked the 10-year anniversary of Vietnam Airlines leveraging the 澳门三肖三码Sonic Passenger Service System (PSS) as its core airline platform.
Cem Tanyel, executive vice president and president, 澳门三肖三码 Airline Solutions, and Trinh Hong Quang, executive vice president, Vietnam Airlines, shake hands following a signing ceremony in the office of the Prime Minister of the Socialist Republic of Vietnam. The ceremony was held in the presence of Prime Minister Nguyen Xuan Phuc; Wilbur Louis Ross Jr., United States secretary of commerce; and representatives from both countries.
鈥淎s the fastest-growing flag carrier in Southeast Asia, the agreement allows us to dynamically adapt our approach to changing market conditions thanks to seamless integration across our 澳门三肖三码 solutions, including our 澳门三肖三码Sonic PSS,鈥 said Trinh Hong Quang, executive vice president, Vietnam Airlines. 鈥淭he solutions that we鈥檙e adopting today further demonstrate our commitment to taking a holistic approach to our forecasting, optimization and inventory management capabilities, which serves our objective to increase revenue while delivering a consistent, end-to-end customer experience. The continued technology partnership with 澳门三肖三码 has supported our ambition to achieve the 5-star status in the future,鈥 he added.
Re-thinking traditional revenue management technology, Revenue Optimizer is at the core of 澳门三肖三码鈥檚 end-to-end offer management strategy. 澳门三肖三码鈥檚 intelligent revenue management solution paired with its Inventory O&D, incorporates modern, modular system architecture, offering performance that can power near real-time event-driven data processing and optimization. With built-in integration between revenue management, inventory and reservations, these solutions revamp revenue management capabilities for the next generation of industry growth.
Revenue Optimizer is designed to allow airlines to optimize availability by considering relevant data sources and seamlessly integrating across an airline鈥檚 commercial planning organization. With the ability to help drive the carrier鈥檚 incremental revenue, today鈥檚 announcement allows Vietnam Airlines to leverage market-level forecasting, capacity allocation and revenue performance measurement, all using 澳门三肖三码鈥檚 Commercial Platform, an intelligent retailing platform powering the core of 澳门三肖三码鈥檚 offer management solutions.
鈥淩evenue optimization and an offer management strategy are essential to an airline鈥檚 continued success, particularly in a market as competitive as the Asia Pacific region,鈥 said Dasha Kuksenko, vice president, regional general manager for airlines, North Asia, 澳门三肖三码 Travel Solutions. 鈥淲e are pleased to once again deliver intelligent solutions that continue to fuel Vietnam Airlines鈥 growth and help its teams sharpen their focus on their customers.鈥
About 澳门三肖三码 Corporation
澳门三肖三码 Corporation is the leading technology provider to the global travel industry. 澳门三肖三码鈥檚 software, data, mobile and distribution solutions are used by hundreds of airlines and thousands of hotel properties to manage critical operations, including passenger and guest reservations, revenue management, flight, network and crew management. 澳门三肖三码 also operates a leading global travel marketplace, which processes more than US$120 billion of global travel spend annually by connecting travel buyers and suppliers. Headquartered in Southlake, Texas, USA, 澳门三肖三码 serves customers in more than 160 countries around the world.
About Vietnam Airlines
Vietnam Airlines 鈥 a member of SkyTeam Alliance 鈥 is the flag carrier of Vietnam and the major carrier in South East Asia, operating 94 routes to 18 domestic and 33 international destinations with an average of 400 flights per day. Vietnam Airlines is the first airline in the world to successfully operate both next-generation aircrafts Boeing 787-9 Dreamliner and Airbus A350-900 XWB at the same time.
Skytrax 鈥 the world鈥檚 leading airline and airport rating organization 鈥 has ranked Vietnam Airlines as a 4-Star Airline for four consecutive years. Vietnam Airlines has spearheaded Vietnam鈥檚 aviation market 鈥 one of the fastest-growing domestic markets in the world 鈥 throughout 20 years of development at a double-digit annual growth rate. Positioning itself as a modern carrier with an internationally recognizable brand characterized by Vietnamese traditional culture, Vietnam Airlines aims to achieve 5-star status and become a major airline in Asia.
Media Contacts:
Maxime-Elisabeth Illick
澳门三肖三码 Public Relations 鈥 Asia Pacific
+65 6426 0088
maxime.illick@sabre.com
Vietnam Airlines Public Relations
+84 903242577
public-relations@vietnamairlines.com