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2March 25, 2004
Both partners today announced that they have signed a five-year
contract for the use of ProfitLine/Price. The integrated software
solution from Lufthansa Systems will support Finnair with the airline's
entire pricing processes.
From June 1, 2004, Finnair will be adding ProfitLine/Price to the
other Lufthansa Systems solutions it is already using. This enables
the Finnish carrier to benefit from the most comprehensive pricing
software that is available today. Finnair will access the solution
via the Internet as a cost-efficient ASP model.
Drawing its information from a comprehensive database, ProfitLine/Price
delivers up-to-theminute pricing data of competitors and Finnair
itself as well as useful analyses of complex fare systems. This
creates an important basis for reactive and proactive pricing and
enables Finnair to respond faster to market changes than its competitors
and to create flexible and customized pricing models. Finnair will
be Lufthansa Systems' first customer to deploy the new Internet
Fare Monitoring tool for the analysis of flight fares published
on the Web.
The process-oriented and user-friendly design of ProfitLine/Price
enables users to generate fare systems and publish them in the relevant
systems quickly and efficiently. The Fare-Request module can be
used to simplify and accelerate the price-setting processes between
distributed sales units and the central pricing department.
"We are pleased that Finnair has selected the ASP version
of our product and that, after a highly successful pilot-study,
we can now take our cooperation to the next level. ProfitLine/Price
will enable Finnair to achieve an almost instantaneous return on
investment," said Gero von Götz, Vice President Business
Segment Airline Solutions at Lufthansa Systems, commenting on the
deal with the Finnish carrier.
Finnair has been using modern information technology from Lufthansa
Systems for the automation of complex airline processes since 1997.
NetLine/Sched, for instance, supports Finnair in alternative route
planning, reviewing the operational capacity of individual aircraft
and examining the cost effectiveness of flight plans, while NetLine/Plan
optimizes Finnair's medium- and long-term route network planning.
Based on its own flight plans and those of its competitors, Finnair
is able to create forecasts for passenger streams, earnings and
expenses, analyze flight plan changes and optimize flight plans.
"We have been working together successfully with Lufthansa
Systems for several years. This is the foundation on which our decision
in favor of ProfitLine/Price is built. Leveraging this innovative
technology will enable us to boost the efficiency of our pricing
and sales processes and achieve greater cost-efficiency in this
field," commented Matti Alanne, Director Business Solutions,
Finnair.
Note to editors:
Finnair, one of the world's oldest operating airlines, was established
on November 1, 1923 and celebrated its 80th anniversary last year.
The company is a pioneer in its field in exploiting e-commerce and
has developed a number of Internet and mobile telephone based services.
Finnair's route network covers over 50 international destinations
and 21 destinations within Finland. The number of personnel of the
Finnair Group is about 10 000 and turnover is 1,5 billion euros.
Annually, Finnair carries 7 million passengers. For more information
see www.finnair.com/group/.
Lufthansa Systems is one of the leading IT service providers for
the airline and aviation industries worldwide. As systems integrator,
the wholly-owned subsidiary of the Lufthansa Group covers the entire
range of IT services, including consulting, development, implementation
and operation. Lufthansa Systems provides its IT infrastructure
and operations services to a variety of industries. Headquartered
in Kelsterbach near Frankfurt/Main, Germany, the company has branches
in Germany and thirteen countries and employs about 4,200 people
worldwide.
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