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October 18, 2007
Alitalia and EgyptAir successfully implement Lufthansa Systems’ revenue accounting solution Sirax
Alitalia and EgyptAir have recently completed successfully the implementation of Sirax, the proven IT solution from Lufthansa Systems, to speed up their revenue accounting processes.
Sirax manages an airline’s accounting process by performing a fully automatic check of ticket sales against specific flight data. Integrated sub-processes also support the billing of interline flights between airlines. Based on this check, the actual revenues are then calculated within a very short timeframe. The solution also allows for the paperless billing of codeshare flights and is thereby yet another step in implementing IATA's initiative “Simplifying the Business”. The Sirax system is a vital tool to minimize the complexity of fares, code share agreements, air travel taxes and fees. The system also provides detailed and timely information for an airline's management and accounting department and is part of Lufthansa Systems’ Sirax AirFinance Platform - the first integrated platform to support and optimize all the finance processes of an airline.
Besides Alitalia and EgyptAir, carriers all around the world are working with Sirax to further optimize their revenue accounting processes, among them Asiana Airlines, Finnair, Lufthansa and Royal Jordanian.
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