Turkish Airlines selects Kale’s passenger revenue accounting solution REVERA® Kale’s passenger revenue accounting (PRA) suite REVERA® will support airline’s aggressive growth plans.
Istanbul, Turkey and Mumbai, India, 17 May 2011: Kale Consultants Ltd., a leading solutions provider to Airline and Travel industry, announced that Turkish Airlines, Europe’s 3rd best and southern Europe’s best airline with over 29 million passenger flown per annum, has selected Kale’s passenger revenue accounting solution REVERA® to support their passenger revenue accounting process.
Speaking on the occasion, Mr. Hüseyin Bagriyanik, Senior Vice President, Accounting, Turkish Airlines said, “At Turkish, we have aggressive growth plans and require a PRA system that is scalable, flexible and built on modern technology. We are convinced that REVERA is the ideal solution for our requirement and will aptly support our business goals.”
REVERA will enable Turkish Airlines to:
1. Scale up its revenue accounting process to support business goals
2. Report revenue figures on daily basis
3. Accurately process all interline billings to ensure quicker revenue recovery
4. Aid business with revenue intelligence for better decision making
5. Ensure industry compliance including IATA’s Simplified Interline Settlement (SIS)
6. Improve efficiency and reduce overall cost of operations
“We are delighted to have Turkish Airlines on our customer list”, said Mr. Vipul Jain, CEO and Managing Director, Kale Consultants. “We are committed to support Turkish Airlines in their growth plans and I see this engagement as a first step in a long term relationship.”
REVERA, Kale’s new generation passenger revenue accounting solution, helps airlines deliver industry best practices to passenger revenue accounting process. It enables airlines to deal with the most complex revenue accounting environments and respond to the demands of the senior management with speed and accuracy. With its powerful business intelligence capabilities and end-to-end functionality, REVERA delivers real business value to airlines. It transforms the revenue accounting department from a transaction processing environment to a strategic function with intelligence, thus empowering airlines to devise competitive strategies to succeed in the marketplace.
About Turkish Airlines:
Turkish Airlines, Inc. (THY) is the national flag carrier airline of Turkey, headquartered in Istanbul. Turkish Airlines is Europe’s 3rd best and Southern Europe’s best airline. The airline has more than 14,000 employees and is a member of the Star Alliance network since 1 April 2008. It has 165 (passenger and cargo) aircraft and flies to 178 cities worldwide, including 137 international and 41 domestic destinations.” For more information visit: www.turkishairlines.com
Turkish Airlines recently won World Travel Awards ‘Europe’s Leading Airline Business Class’ at the 2010 Europe Gala Ceremony held in Antalya, Turkey.