Thursday, November 3, 2011

AIR CHINA SELECT ABACUS AS PARTNER OF CHOICE IN EXPANSION STRATEGY


Singapore, 3 November 2011 – Air China, the flag carrier and largest airline of the People’s Republic of China today signed on to upgrade their reservation inventory participation system to Direct Connect Availability (DCA) by Abacus International, Asia’s leading revenue partner for airlines.

Abacus’ DCA connectivity is a highly evolved system interface that enables travel agents to compare rates and availability directly from travel supplier in-house systems. Abacus DCA also provides airlines control of point of sale quota allocation by deciding which flights can be processed.

“By adopting Abacus DCA, airlines have control of the supply and demand for seats to better cater to travellers’ demand patterns,” said Mr Ho Hoong Mau, Division Head of Airline Distribution of Abacus International. “Air China can now better optimise its revenue generation for maximum yields and reach in Asia, and agents have instant access to what’s available. It also paves the way for Air China to explore tapping Origin/Destination (OD) business by using Abacus’ suites of revenue optimisation products like Abacus Married Segments.”

“With a fast-growing China market, we need to work with the right partner to take advantage of this growth and expand our business in the process. Abacus’ vast presence in the region through an extensive network and our long-lasting relationship has made this decision an easy one to allow more agents and passengers enjoy our products,” said Ms. Li Dong, Deputy General Manager, Network and Revenue Management Department, Air China.

In addition to the upgrade to Abacus DCA, Air China and Abacus International also embarked on a landmark 3-year marketing programme that will allow for greater growth by Air China across the region.

Under the programme, both Abacus and Air China agree to work closely together in expansion efforts for the airline through the Abacus network. This will allow for more revenue maximisation opportunities through the Abacus system as well as greater reach for its agents. In addition to more co-operation opportunities and strategic leverage by the partnership, Air China can offer increased fare promotions through the Abacus FareX system.

Mr Ho added, “Maximising growth and managing costs savings will help drive airlines in the region. Through Abacus’ seamless access and our marketing programme, we are delighted in our role to help Air China both drive a better match of passenger demand pattern to capacity as well as leverage our productive network to reach more customers in Asia. Abacus’ long-term relationship with Air China is testament to how we strive continuously to deliver value to all our suppliers and partners.”

About Abacus International

Singapore-based Abacus International is the Asia-Pacific's leading provider of travel solutions and services with more than 20,000 travel agency locations in 24 markets. With over 23 years of experience in fusing international best practices and local expertise with global and local partnerships, Abacus provides travel information and reservations specifically tailored to the Asia-Pacific region.

Abacus International is owned by Sabre and a consortium of Asia's leading airlines including All Nippon Airways, Cathay Pacific, China Airlines, EVA Airways, Garuda Indonesia, Dragonair, Philippine Airlines, Malaysia Airlines, Royal Brunei Airlines, SilkAir and Singapore Airlines. Sabre is the global leader in the electronic distribution of travel and travel related services.

More information on Abacus can be found at www.abacus.com.sg.

About Air China

Air China Limited (Air China) is the national flag carrier of China, a leading provider of air passenger, air cargo and airline-related services and products in Chinaand a member of Star Alliance --the world's largest airline alliance. Its operational headquarters is in Beijing, a major domestic and international hub in China. It also provides airline-related services, including aircraft maintenance, ground handling services in Beijing, Chengdu, and other locations. As of 30 June, 2011, the Company operated a fleet of 292 aircraft.

The Company’s network covers 137 cities in 30 countries and regions. Air China was listed on Hong Kong Stock Exchange and London Stock Exchange on December 15, 2004 under codes 00753 and AIRC respectively. On August 18, 2006, Air China was listed on Shanghai Stock Exchange under code 601111.

For further details, please visit Air China’s website: www.airchina.com

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