Indra launches new solution for low cost airlines

Indra, the premier IT company in Spain and a leading IT multinational in Europe will present its new revenue accounting solution ARACS FX LCC at the World Low Cost Airlines Congress & Budgies Awards to be held in London on September 19-21st. 
ARACS FX LCC is a thorough business solution oriented to integrate the source of sales and reimbursements with the flight information and is in compliance with the International Association of Air Transport (IATA). With this solution, Indra keeps extending its offer of solutions for an industry in permanent transformation, and hence requires innovative solutions to enhance their operations and the necessary information to make decisions.
ARACS FX LCC was specially conceived to meet the needs of a low cost airline in order to connect the ticketless world with the traditional. It is the first solution with these characteristics. Thanks to the solution low cost airlines can interact with traditional companies besides having more possibilities to manage passengers. Therefore offers will be more comprehensive as they will include agreements with traditional airlines.
The solution is customised to meet the requirements of each airline in particular. It is fully integrated with new skies-the booking and distribution system-so that the formats and traditional processes such as transactions, commission management or cancellation payment are compatible with the new models of low costs companies.

ARACS in the world

Indra’s ARACS solutions are at the forefront in the Spanish and Latin American markets. Over 30 clients worldwide use it and more than 130 million passengers are managed with the Revenue accounting solution, Latin America only accounts for 97 millions.
ARACS clients are varied, including low cost and traditional airlines, hybrids as well as members of the most representative alliances: Oneworld, Star Alliance and Sky Team. Besides this, we should also mention that Indra is technology partner of IATA. 
Indra is the premier Information Technology company in Spain and a leading IT multinational in Europe and Latin America. It is ranked as the second European company in its sector according to investment in R&D with nearly € 500 M during the last three years. In 2010 revenues reached € 2,557 M of which a 40% came from the international market. The company employs more than 31,000 professionals and has clients in more than 110 countries.