|LIBYAN ARAB AIRLINES BECOMES MERCATOR'S 50TH CUSTOMER
Libya's flag carrier, Libyan Arab Airlines, has signed up for the RAPID revenue accounting system offered by Mercator, the airline IT solutions provider of the Emirates Group. The contract marks a landmark in Mercator's history, boosting its user family to 50 major airline and aviation organisations.
From left to right: Rashid Al Khayat, Manager Regional Accounts & Sales, Mercator
signs the contract with Ali M. Saleh, Libyan Arab Airlines' Financial Director
RAPID will be used at Libyan Arab Airlines to meet its passenger revenue accounting requirements. It will analyse the data on over one million of its used air ticket coupons, giving senior airline managers a stream of incisive, business critical financial and management information.
Libyan Arab Airlines and Mercator teams will start the implementation in Tripoli shortly, and the airline will soon be able to enjoy the benefits. RAPID will realise their revenues quickly and accurately, reduce revenue accounting costs, maximise productivity and enhance commercial confidence and competitiveness.
Ali M. Saleh, Libyan Arab Airlines' Financial Director, said: "Mercator has proved itself many times before in the airline industry and counts many of our fellow Arab airlines as customers. We have seen for ourselves the results that these RAPID implementations bring, and our airline will also soon be realising the benefits. The Mercator team has our complete confidence, and we look forward to building a strategic relationship between our two companies."
Rashid Al Khayat, Mercator's Manager Regional Accounts and Sales, said: "We welcome Libyan Arab Airlines into the Mercator family, and look forward to providing them with the high quality solutions and expertise for which we have become known. This deal is the culmination of an already long and cordial relationship, and we can assure them of the highest levels of support."
Libyan Arab Airlines has been flying scheduled passenger and cargo services for more than 40 years, serving 20 destinations throughout Europe, Africa and the Middle East. More than one million people travelled with Libyan Arab Airlines last year.
Patrick Naef, SVP IT Emirates Group and Head of Mercator, said, "Mercator has experienced meteoric growth since its inception, matching that of both the Emirates Group and Dubai. We now have reached the landmark of 50 major airlines and aviation industry customers. However we will not rest on our laurels - we will continue to develop industry leading products and provide the best service around. Libyan Arab Airlines and all our other customers can be assured of this."
Airlines already benefiting from the RAPID family of products include Air New Zealand, British Airways, Cyprus Airways, Emirates, Jet Airways, Kenya Airways, Malaysia Airlines, MEA, Olympic, Qantas, Royal Air Maroc, Royal Brunei, Singapore Airlines, South African Airways, SriLankan, Syrian Arab Airlines, TACA, Tarom, Varig, Virgin Nigeria and Yemenia.