GuestLogix and Inflight Sales Group Set to Launch Onboard Duty Free Program for India's Largest Airline
TORONTO, ONTARIO--(Marketwire - May 29, 2012) - GuestLogix Inc. (TSX: GXI), the leading global provider of onboard retail and payment technology solutions to airlines and the passenger travel industry, announced today that it will deploy its onboard retailing technology and point-of-sale (POS) handheld devices to power Jet Airways' in-flight duty free program, JetBoutique, in conjunction with Inflight Sales Group ("ISG"), a global pioneer of airline concession operations. The Jet Airways implementation represents more than 14 million annual passenger trips for GuestLogix. The Indian carrier will use the integrated solution to manage cash and credit card payments of duty free items onboard.
"This is GuestLogix first win in India, and we are excited it is such a marquee client for the region," said Tom Douramakos, President and CEO of GuestLogix. "We believe India represents an excellent growth opportunity for us. It is becoming a global destination for business and leisure travel, and with the growing local middle class population - who are now choosing air travel over rail - the region is set to expand. GuestLogix will be there to provide Jet Airways and other domestic carriers with the technology to offer these travelers a sophisticated in-flight shopping experience."
"Inflight Sales Group's confidence in GuestLogix' onboard retailing solution is due to its global record of success," said Tony Detter, ISG Managing Director. "Our companies' combined strengths in providing innovative product offerings for airlines' onboard shopping programs is a major factor in the coming implementation with Jet Airways. We believe the Indian market has tremendous growth potential for ISG, and we look forward to partnering with GuestLogix on future deals in this region."
ISG handles in-flight retail for 15 airlines and is the largest third-party onboard duty-free service provider in the region. GuestLogix' onboard retailing solution provides ISG and its customers with POS handheld devices to accept cash and card payments, together with end-to-end retail software to operate, transact, control and manage their in-flight retail operations.
"This deployment reflects GuestLogix' success in leveraging our channel partnership with Inflight Sales Group to grow our customer footprint," said Tony Sit, Senior Vice President and General Manager of GuestLogix Asia- Pacific. "With our regional office in Hong Kong, we are now able to provide Asia-Pacific based airlines with our leading onboard retail solutions and offer them local delivery and support."
Headquartered in Mumbai, Jet Airways operates 400 flights daily, serving 76 domestic and international destinations, across southern Africa, Asia, Europe and North America.
About Inflight Sales Group
Inflight Sales Group is the pioneer of airline concession operations, management and marketing, with 20 years of airline duty free concession management experience. Inflight Sales Group's predecessor was formed by Jean-Marcel Rouff in 1982 to supply amenity kits and as an exclusive distributor of duty free products from the leading suppliers to airlines in Asia and North and South America. Today ISG remains the leading concessionaire in the airline duty free business, with a strong customer base in Asia, North Africa and the Americas. The ISG team is fully dedicated to its customers and offers its experience, skills and performance to better serve its partners. More information is available at www.inflghtsales.com
About Jet Airways
Jet Airways currently operates a fleet of 102 aircraft, which includes 10 Boeing 777-300 ER aircraft, 12 Airbus A330-200 aircraft, 60 next generation Boeing 737-700/800/900 aircraft and 20 modern ATR 72-500 turboprop aircraft. With an average fleet age of 6.04 years, the airline has one of the youngest aircraft fleets in the world. Flights to 76 destinations span the length and breadth of India and beyond, including Abu Dhabi, Bahrain, Bangkok, Brussels, Colombo, Dammam, Dhaka, Doha, Dubai, Hong Kong, Jeddah, Johannesburg, Kathmandu, Kuala Lumpur, Kuwait, London (Heathrow), Milan, Muscat, New York (both JFK and Newark), Riyadh, Sharjah, Singapore and Toronto.
About GuestLogix
GuestLogix Inc. (TSX: GXI), the leading global provider of onboard store technology and merchandising solutions, helps airlines and other travel operators create, manage, and control onboard retail environments tailored to their needs and their passengers. GuestLogix brings a decade of expertise as a trusted onboard transaction processing partner to airlines around the world. The Company's global headquarters and centre for product innovation is located in Toronto, Canada with regional head offices located in Dallas, Texas (serving Americas) London, UK (serving EMEA), and Hong Kong (serving Asia Pacific). A sales and support office is located in Singapore. Logistics centres are situated in Toronto, Dallas, London and Seoul with a software development centre located in India. More information is available at www.guestlogix.com
© 2012 GuestLogix. All rights reserved.
Forward-Looking Statements
This news release includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with GuestLogix' business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions "anticipate", "believe", "plan", "estimate", "expect", "intend", and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts, but reflect GuestLogix' current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the matters discussed under "Risks and Uncertainties" in the Filing Statement filed on May 14, 2012 with the regulatory authorities. GuestLogix assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements.
Contacts:
Media Relations:
GuestLogix Inc.
Ruth Morayniss
416-987-7057
rmorayniss@guestlogix.com
www.guestlogix.com
Investor Relations:
TMX Equicom
Kristen Dickson
416-815-0700 ext. 273
kdickson@equicomgroup.com
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