Kenya Airways is the latest to sign up for the full suite of financial solutions on offer from Mercator, the Dubai-based IT division of the Emirates Group. The deal covers Mercator's two highly successful revenue accounting solutions, RAPID Passenger and RAPID Cargo, and ComStar, its recently launched solution for analyzing telecommunications costs.
RAPID extracts the financial and strategic data from tickets or cargo waybills which airlines need to plan better, react faster to rivals and compete more effectively. Kenya Airways now expects to increase cash flow and productivity, cut accounting costs and streamline administrative processes.
Kenya Airways' fleet of 16 Boeings carries more than 1.8 million passengers a year to cities throughout Africa, Europe, the Middle East and Asia. An ambitious expansion plan sees the airline inaugurating Bangkok and Hong Kong routes in September, and taking delivery of Boeing 777-200ER aircraft in 2004/5. — (menareport.com)
© 2003 Mena Report (www.menareport.com)
