Airline Reservation Systems Market Will Be Massively Influenced By Macroeconomic Factors 2021-2025 | Amadeus, Trawex Tech, Blue Sky Booking, Airmax systems, ANIXE, Sabre, Radixx, SITA

Overview of Global Airline Reservation Systems Market:

This report provides in-depth study of “Global Airline Reservation Systems Market 2021” using SWOT analysis i.e. Strength, Weakness, Opportunities, and Threat to the organization. The Airline Reservation Systems Market report also provides an in-depth survey of key players in the market organization.

As per the market research study, Airline Reservation Systems (ARS’s) are part of the so-called Passenger Service Systems (PSS’s), which are applications supporting the direct contact with the passenger. Airline reservation systems were first introduced in the late 1950s as relatively simple standalone systems to control flight inventory, maintain flight schedules, seat assignments and aircraft loading. The modern airline reservation system is comprehensive suite of products to provide a system that assists with a variety of airline management tasks and service customer needs from the time of initial reservation through completion of the flight.

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According to the history of airline reservations systems began in the late 1950s when American Airlines required a system that would allow real-time access to flight details in all of its offices, and the integration and automation of its booking and ticketing processes. As a result the Semi-Automated Business Research Environment was developed and launched in 1964 and the real breakthrough was its ability to keep inventory correct in real time, accessible to agents around the world. Prior to this, manual systems required centralized reservation centers, groups of people in a room with the physical cards that represented inventory, in this case, seats on airplanes.

Through the statistical analysis, the report depicts the international Airline Reservation Systems Market including capacity, production, production value, cost/profit, supply/demand and global import/export. The total market is further divided by company, by country, and by application/type for the competitive landscape analysis. The report then estimates 2020-2025 market development trends of Airline Reservation Systems industry. Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out.

In the end, the report makes some important proposals for a new project of Airline Reservation Systems Market before evaluating its feasibility. Overall, the report provides an in-depth insight of 2013-2025 global Airline Reservation Systems market covering all important parameters.

Global Key Vendors:

1 Trawex Technologies

2 Amadeus

3 Blue Sky Booking

4 Airmax systems

5 ANIXE

6 Sabre

7 Enoyaone

8 Radixx

9 EAvio

10 SkyVantage

11 Videcom

13 12 HitchHiker

14 SITA

15 AMA Assistance

16 Bird Group

17 TravelTECH

18 Provoke Technologies

19 TravelCreed

20 LDC Software and More………………..

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Product Type Segmentation

1 Cloud-Based

2 On-Premises

Industry Segmentation

1 Airlines

2 Airports

3 Business travel agencies

International Business News:

Amadeus (March 11, 2021) - Amadeus and Mastercard expand partnership to accelerate the adoption of virtual payments in travel - Amadeus and Mastercard today announce a five-year extended global collaboration to help broaden access to virtual card payments across the travel ecosystem. Through this relationship, Amadeus and Mastercard will continue to provide flexible, secure, and efficient ways to make and receive payments.

Today’s expansion builds on an existing strategic relationship committed to offer a fast, secure, and automated way to pay and get paid through Amadeus’ B2B Wallet payment platform with virtual payment technology offered through the Mastercard Wholesale Program. The program is a solution specifically designed for the travel industry utilising virtual card technology to help enhance payment protection and increase visibility for transactions between travel agencies and their suppliers.

Virtual cards can protect cashflow, mitigate risk of default and simplify back-office reconciliation while helping to improve the payment experience for both travel agencies and travel suppliers, such as airlines and hotels.

Bart Tompkins, Managing Director Payments, Amadeus commented: “The way travel agencies make payments to suppliers is changing. Virtual card payments help agencies respond to the challenges of COVID-19 by protecting cashflow, reducing risk, and improving back-office efficiency, whilst also improving settlement terms for suppliers. We’re pleased to continue our longstanding partnership with Mastercard. Our commitment is to ensure our customers can access a wide range of virtual card payment methods from the Amadeus B2B Wallet.”

Kevin White, Director - Travel, Enterprise Partnerships, Mastercard commented: “Mastercard has long pioneered virtual card innovation and remains committed to helping the travel industry benefit from greater payment protection and enhanced transaction visibility through the Mastercard Wholesale Program. We’re thrilled to extend our partnership with Amadeus, a collaboration committed to leveraging expertise and innovations from both organizations to support recovery and growth for the travel sector. Now, more than ever, it is essential for players across the travel industry to come together to not only address the evolving needs today but to realize a stronger and more resilient future for the entire travel ecosystem.”

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Major Points in Table of Contents:

Global Airline Reservation Systems Market Report 2021

1 Airline Reservation Systems Product Definition

2 Global Airline Reservation Systems Market Manufacturer Share and Market Overview

2.1 Global Manufacturer Airline Reservation Systems Shipments

2.2 Global Manufacturer Airline Reservation Systems Business Revenue

2.3 Global Airline Reservation Systems Market Overview

3 Manufacturer Airline Reservation Systems Business Introduction

3.1 Trawex Technologies Airline Reservation Systems Business Introduction

3.2 Amadeus Airline Reservation Systems Business Introduction

3.3 Blue Sky Booking Airline Reservation Systems Business Introduction

3.4 Airmax systems Airline Reservation Systems Business Introduction

3.5 ANIXE Airline Reservation Systems Business Introduction

3.6 Sabre Airline Reservation Systems Business Introduction

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