Accovia Extends Leading Air Solution for Dynamic Packaging to Cover International Flights.Business Editors/Travel Writers/High-Tech Writers MONTREAL--(BUSINESS WIRE)--March 11, 2003 Travel Suppliers, Wholesalers, and Retailers Empowered to Dynamically Package and Sell their Products with International Flights Accovia Inc., the global leader in automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. travel packaging technology, today announced that the Accovia Air Solution will now automate the entire airfare air·fare n. Fare for travel by aircraft. Noun 1. airfare - the fare charged for traveling by airplane fare, transportation - the sum charged for riding in a public conveyance distribution process, not only for North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , but also for Mexico and the Caribbean as well as other international origins and destinations. This is the industry's first implementation of a technology solution that allows travel suppliers, wholesalers and retailers to dynamically package available international airfares, either published, negotiated or contracted. The Accovia end-to-end Air Solution automates the entire airfare distribution process from itinerary research, availability and pricing searches, to the accuracy and timely delivery of tickets. Accovia's strategic partnership with ITA Software ITA Software, Inc. is a travel industry software company in Cambridge, Massachusetts. The company was founded by computer scientists from the MIT Artificial Intelligence Laboratory in 1996. ITA's first product was an airfare search and pricing system called "QPX". , the global leader in innovative airline distribution technology, provides users with the only commercially available solution for rapid validation of airfares. The Accovia Air Solution allows travel companies to build contracted airfares and load the markup (text) markup - In computerised document preparation, a method of adding information to the text indicating the logical components of a document, or instructions for layout of the text on the page or other information which can be interpreted by some automatic system. on their negotiated fares. This information is then combined with the public information on ITA ITA abbr. initial teaching alphabet ITA initial teaching alphabet: a partly phonetic alphabet used to teach reading ITA n abbr (BRIT) (= initial teaching alphabet) → Software's infrastructure, to offer the best available itinerary solutions for travelers. The power of the ITA Software allows Accovia customers to handle faring and availability calls with virtually unlimited combinations in record time. "Today's volatile economic conditions require travel providers to operate at optimum levels," said Claude Guay, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Accovia. Most travel companies are poorly equipped to react dynamically to changing market conditions such as fare wars, new contracts or new net fares. In this highly competitive market, travel companies need immediate access to the broadest and most up to date available pricing options. The Accovia Air Solution offers travel providers a fully automated international travel packaging system, so they can more effectively compete in the marketplace with broad choices and lower operating costs operating costs npl → gastos mpl operacionales ." Availability and Pricing Accovia's International Air Solution for North America, Mexico and the Caribbean is currently available, while European fares will be available in Q2 2003 and all other international flights by Q4 2003. Pricing is based on a combination of license and transaction fees. About Accovia Accovia, Inc. (formerly Logibro), is the global leader in automated travel packaging technology solutions. The company offers the industry's most robust travel automation and management product suite which includes automated procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. , dynamic packaging, e-commerce and e-distribution of travel services through GDS GDS Global Distribution System GDS Google Desktop Search (Google) GDS Goodie Domain Service (Vienna University of Technology, Austria) GDS Guards , call center and Internet travel channels. Accovia's technology solutions enable travel marketers and distributors to significantly increase profit margins through the ability to dynamically create and customize travel packages, which are then sold under a single price. The company provides the only complete travel distribution service that cost-effectively connects travel marketers and distributors to GDSs and Internet travel channels using a single connection. Accovia's technology solutions can be fully customized and privately labeled to accommodate diverse business models. More than 100 travel companies in 11 countries use Accovia's technology to send over 20 million people on trips each year. Founded in 1985, the company has offices in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Canada and France. For more information about Accovia visit www.accovia.com. Accovia is a trademark of Accovia, Inc. Any other marks used in this document are trademarks or registered trademarks of the manufacturers or marketers of the products with which the marks are associated. |
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