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AACO 2011: Etihad to outsource accounting to Kale Consultants

AACO 2011: Etihad to outsource accounting to Kale Consultants

Etihad Airways, the national carrier of the United Arab Emirates, has announced it will outsource the accounting of passenger and cargo revenues to aviation accountancy specialist Kale Consultants from April, 2012.

The deal was confirmed during the Arab Air Carriers Organisation annual general meeting currently taking place in Abu Dhabi.

James Rigney, Etihad Airways’ chief financial officer, said: “Revenue accounting plays a critical role in our fast paced growth and we want to align our process to industry leading practices and quality.

“We have chosen Kale because of their strategic focus, leading edge technology and expertise in revenue accounting.”

Kale Consultants, an Accelya group company, employs over 1,400 people and has more than 100 aviation industry clients across 30 countries. 

Vipul Jain, Kale Consultants chief executive and managing director, said: “We are delighted to have Etihad as our customer.

“We are confident of delivering strategic value to support Etihad’s fast paced and dynamic growth.”

Etihad Airways – recognised as the World’s Leading Carrier by the World Travel Awards - began operations in 2003.

From its hub at Abu Dhabi International Airport, Etihad serves 86 cities in the Middle East, Africa, Europe, Asia, Australia and North America, with a fleet of 61 Airbus and Boeing aircraft.