Press release
IBS Software Inks Five Year Contract with T’way Airlines
IBS, which recently received $170 million private equity investment from Blackstone, has a global presence with nearly 3,000 professionals across nine offices and provides a range of new-generation software products to some of the world’s best airlines, busiest airports, leading cruise lines, major travel distributors and top oil & gas companies.
“iFly Res from IBS has been providing a stable and resilient platform for our commercial operations & continues to offer an impressive range of functions that allows us to enhance our passenger management processes, respond more efficiently to customer needs, and enable efficiencies in cost control. Our relationship with IBS now moves to the next level and we look forward to iFly Res being a noteworthy asset in supporting our expansion plans” said Soo-Young Choi – Vice President & Sales Director of T’way Air.
“Our firm understanding of the Korean market, a full-fledged office in East Asia to provide 24/7 support to our customers combined with the robustness of our product were key considerations for the extension of the contract. iFly Res has a well-defined road map and we ensure that our investment in the product encompasses incorporation of relevant business functions and industry trends such as compliance with IATA’s New Distribution Capability (NDC) program. To get repeat orders from existing customers is a true endorsement of IBS’ outstanding record of delivering value to them, as well as the professionalism and commitment of our people” said Paul Lynch - Senior Vice President & Head of Passenger Services line of business.
IBS Software is a leading provider of new-gen IT solutions to the global Travel, Transportation & Logistics (TTL) industry. Its offerings manage mission-critical operations of major airlines, airports, oil and gas companies, cruise lines and tour operators. IBS owns IP rights to 17 software products in the areas of Airline Passenger Services, Airline & Airport Operations, Airline Cargo & Logistics, Oil & Gas Logistics, Travel & Cruise management and Hospitality Distribution. IBS also offers bespoke software services in these business domains. IBS has 09 offices in the Americas, Europe, Middle East & Africa and Asia-Pacific. IBS’ customer list includes names like ANA, BP, British Airways, Cathay, Chevron, China Southern, Emirates, Etihad, JAL, Jet, Lufthansa, Qantas, Qatar Airways, KLM, Malaysia Airlines, NCA, Oman Airways, Orbitz, Shell, Turkish Airways and Virgin Atlantic.
Bratati Ghosh
Chief Marketing Officer
IBS Software Services
+1 470 363 6488
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