Business | Aviation
Mercator wins another North American order
Mercator, an Emirates Group-owned technology provider, has announced its third recent contract win in North America after securing another customer for Rapid, its airline passenger interline revenue accounting solution.
- Staff Report
- Published: 23:21 August 18, 2008
Dubai: Mercator, an Emirates Group-owned technology provider, has announced its third recent contract win in North America after securing another customer for Rapid, its airline passenger interline revenue accounting solution.
WestJet, Canada's leading high-value low-cost airline, has signed up for Mercator's Rapid Bureau Interline Solution hosted in Dubai. Benefits of outsourced revenue accounting services for passenger coupons and cargo airway bills include money savings and reduced impact of production spikes on cash reserves.
A single transaction fee per coupon, processed by the bureau, Mercator's Outsource Centre, makes it easy for the airline in its financial planning.
The advantages for WestJet will include swift determination of revenue, boosted productivity and efficiency, slashed accounting costs and refined processes.
The carrier's executives will also be armed with incisive management reports.
WestJet operates a fleet of 76 Boeing next-generation 737 aircraft, serving more than 51 destinations throughout North America and the Caribbean.
Duncan Alexander, vice-president of Mercator, said: "Our industry cost base had been re-defined with the surge in fuel price and it is critical that airlines are able to accurately account for their revenue, resolve discrepancies and collect cash as fast and as accurately as possible. Our staff and technologies provide that capability."
More from Aviation
More from Business
Business Editor's choice
-
‘Wrong Way' Krugman
The source of our economic malfunction lies with government-mandated bank regulations
-
Greek exit could make Eurozone stronger
Departure will show limits of bailouts and allow remaining members to act much more like a unit
-
UAE upholds values of free trade
Recently released statistics confirm an established fact, namely that of the UAE embracing the free trade principle in general and imports in particular
