|
Kale
Consultants bags ticketing project from Air Portugal
Our eFE Bureau in Mumbai
Mumbai-based software firm Kale Consultants Ltd has bagged
an order worth $250,000 from Air Portugal (TAP), the national
airline of Portugal for Kale’s airline company solution -
COPS. COPS provides ticket proration, ie, allocating value
to a ticket in each travel segment in a particular journey
and determining the revenue share of all the participating
airlines involved.
Kale Consultants managing director Vipul Jain said despite
the recent events of September 11, the company expects an
excess of 100 per cent growth from its airline division.
The company also plans to invest approximately Rs 4 crore
the following year in product enhancement.
Mr Jain added that the problem of over-capacity and falling
profitability existed for some airlines. The September 11
event had just seen these problems snowball.
He said the airline industry would be preoccupied with the
downsizing of capacity and consolidation and the impact of
additional insurance and security requirements. But things
would be back to normal a year from now, he asserted.
He said that the main impact on Indian software companies
of the recent terrorist attacks was the delay in decision
making.
Mr Jain added that their business was secure with more than
35 customers in the airline industry globally.
|