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IATA ANNOUNCES PROFITLINE, BY LUFTHANSA SYSTEMS BERLIN, AS ITS PREFERRED PRODUCT REVENUE MANAGEMENT SYSTEM

Travel News Asia Date: 3 July 2001

The International Air Transport Association has chosen ProfitLine, a revenue management solution developed and supported by Lufthansa Systems Berlin, to be an IATA Preferred Product.

An IATA Preferred Product is a product or service that IATA believes represents value to the industry. Through third-party agreement, IATA promotes Preferred Products in order to increase their exposure - in response to a demand expressed by IATA Member airlines to receive timely information on products that may have a positive effect on their profitability.

“IATA Preferred Products will enhance our service to the industry,” said Joel Blumenthal, Director, Corporate Marketing, IATA. “In the field of revenue management, Lufthansa Systems Berlin presented us with the right solution, meeting our Members’ requirements in terms of quality, affordability and accessibility.”

“ProfitLine is the result of many years of experience in the field of revenue management and pricing, and we are very pleased that IATA has chosen our product to assist airlines in optimising their revenues,” said Thomas Büermann, Head of Division, Revenue Management, of Lufthansa Systems Berlin. “More than a dozen fast-growing companies such as ACES, British European, Crossair and SkyWest currently rely on ProfitLine when making their revenue management decisions.”

Lufthansa Systems Berlin is part of Lufthansa Systems Group GmbH - which has 4,500 employees and is a member of the IATA Partnership Programme, the vehicle through which over 200 suppliers and service providers to the air transport industry interface with IATA and its Member airlines in the development of industry solutions.

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