Tag Archives: Amadeus

Air Cairo, an Egypt-based carrier, has signed a new agreement with Amadeus for both IT and distribution services. During June 2016, Air Cairo successfully completed its cutover to Amadeus’ Altéa Reservation and Inventory and Amadeus e-Commerce modules, whilst also signing for a full content distribution agreement.  The migration to Altéa Reservation will enable the airline to maximise booking and revenue growth through wide-reaching distribution channels, whilst Altéa Inventory provides the airline with the latest schedule management technology in the market place. Altéa will also provide the airline with a scalable platform to support its future growth. In terms of distribution, Amadeus-connected travel agencies will now benefit from access to the airline’s complete range of fares and prices, assisting the carrier in achieving its business goals in regional and international markets. Air Cairo has traditionally operated as a low cost /charter airline but is part way through an ambitious evolution aimed at becoming a Full Service Carrier. Part of the rationale for this strategic shift is access to more passengers made possible by partnerships with Egypt Air, which owns a significant stake in Air Cairo, as well as other airline partners.

The latest report published by Amadeus reveals an insight into the expectations for the future of the world by 2030. Their reports predict that by 2020 there will be a global air traffic volume growth of 5.5 per cent in the airline industry with a projected growth of luxury travel to 6.2 per cent with an overall global growth of 4.8 per cent. Their predictions for the region include Kuwait, Qatar and UAE will grow by 4.4% almost similar to the flat growth of Luxury market of 4.5 per cent (oil dependent economies). Emerging Middle East: Lebanon, Jordan, Egypt and Iran economic sanction lifted CAGR for overall travel is 7.5 per cent and 8.9 per cent for luxury travel. At the same time the projected growth in BRIC highly influenced by the economic climate show Brazil’s lack of established middle class and the weakness of the real means a slow growth of 4.2 per cent growth. Russia will recover from its dip in 2013-15 to rise up to 9 per cent growth despite Western sanctions and unreliable oil prices. India with the highest CAGR of the 25 countries explored with 12.8 per cent growth due to its booming middle class represents the biggest luxury travel investment potential. China with 12.2 per cent growth but at a slower pace than previously as its middle class is maturing and increasing in sophistication, and unlike India the ‘boom’ has already happened. Contributing against luxury is the current fight against corruption.