Mid East airlines to benefit from new revenue accounting service from joint venture in Dubai

The new joint venture says small and medium sized airlines will be the biggest beneficiaries of the partnership agreement signed between  the Airbus’ airline consultancy division  and SofTec a specialist in revenue accounting, operation and route profitability analysis solutions.

The agreement unites the expertise and synergies of the two companies in delivering Passenger Revenue Accounting Bureau Services to small and medium size carriers, at a fraction of the cost usually associated with this important daily airline practice. The new processing centre is based in Dubai and will utilise Softec GmbH’s state-of-the-art Monalisa Passenger Revenue Accounting Solution, to deliver accurate, timely and valuable information to airline managers worldwide.

Tasc Aviation CEO Ezzeddine Hamouda, says the new centre will boost the comprehensive portfolio of airline consultancy solutions already offered by the company. “We today delivered what the market has asked for, a modern and comprehensive revenue accounting solution aimed specifically at small to medium sized carriers. I believe that our partnership with Softec GmbH will enable many small airlines to switch from the complex manual to an automated and outsourced revenue accounting process”.

Softec, managing director Anil Batra, said “Monalisa is an established, stable system with a proven track record for airlines in Europe, North America, Africa and Asia. It delivers quality data that is essential for revenue accounting tasks in any airline, no matter the size or location”.
Tasc’s clients in the region already includes Etihad Airways, Qatar Airways, Emirates, Turkish Airlines, Middle East Airlines, Dana Air and Wataniya Airways.