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BA Becomes First Airline to Sign for Amadeus’ New Revenue Accounting Solution

Travel News Asia Latest Travel News Podcasts Videos Wednesday, 5 September 2012
 

British Airways has become the first airline to sign for Amadeus’ new Passenger Revenue Accounting solution.

The web-based system employs state-of-the-art technology in order to transform revenue accounting from a labour-intensive task to a faster, more flexible strategic function.

Amadeus Passenger Revenue Accounting is designed to help airlines increase revenue, reduce operational costs, and make revenue decisions more quickly and accurately.

British Airways is scheduled to migrate to the new solution in early 2014 and will benefit from the solution’s full integration with the Amadeus Altéa solution, of which British Airways is a long standing customer.

“The removal of paper documents from the passenger distribution process provides the opportunity to bring revenue accounting closer to the operational functions. We have been looking for a passenger revenue accounting system that takes maximum advantage of this opportunity, and the solution agreed will be delivered in partnership with Amadeus,” said Gyorgyi Szantner, Head of Finance Services, British Airways. “We believe it will enable us to transform passenger revenue accounting from a 'back office' function to a 'front-end' activity, providing real time visibility across the airline including our operational colleagues on how well the airline is performing.”

Christophe Bousquet, VP, Development, Amadeus, said, “This strategic partnership with British Airways demonstrates that we both share the same vision for a next generation passenger revenue accounting solution. Our passenger revenue accounting system is built using modern technology and embraces the latest industry standards. It allows for real-time acquisition, reporting and accounting thanks to its unique integration with airline operational systems. Accuracy and productivity are both increased and essentially, this new Amadeus solution enables airlines to know their revenues as soon as the plane doors close.”

Amadeus’ Passenger Revenue Accounting solution responds to the airline industry’s requirements for a fully integrated, fully scalable, paperless solution that is adaptable to support partnership agreements such as alliances, joint ventures and mergers, whilst complying with new market or industry trends such as electronic miscellaneous documents or simplified interline settlement.

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