Middle East Airlines (MEA), has signed up for the RAPID revenue accounting solution from Mercator.MEA has selected the passenger revenue accounting version of the industry leading RAPID system as part of its current initiative to streamline processes, drive down costs and modernise in all areas of its business.
RAPID takes the information printed on airline passenger tickets and analyses it to produce the financial and strategic information needed for airline management to make informed decisions, quickly and with confidence.
Adib Chreif, MEA’s Head of Information Technology, said: “We will soon be celebrating our 60th anniversary of operations here at MEA, yet we are not resting on our laurels. We know that we have to continually innovate in order to maintain our competitiveness, and RAPID will play a key part in this new MEA.”
Once the implementation has been completed, MEA will be able to close its books in record time at the end of each financial period, boosting cash flow and protecting hard-earned profits. Efficiency and productivity is boosted, accounting costs are slashed and competitive edge is sharpened.
Frank Zenke, Vice President Sales and Market Development, Mercator, said: “Our financial solutions have without doubt become the preferred choice of airlines all around the world. Regardless of their size and the market in which they operate, our solutions make a real difference to airlines time and time again. We’re looking forward to seeing MEA reap the benefits once implementation has been completed.”