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Lufthansa Systems and Finnair further expand their successful cooperation

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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Lufthansa Systems AG

Corporate Communications
Tel. +49 69 696-90776
Fax +49 69 696-90777
publicrelations
@LHsystems.com