DUBLIN, Ireland — May 21, 2018: OpenJaw’s parent company, TravelSky Technology and Cathay Pacific Airways recently signed a strategic cooperation framework agreement in Beijing. This new agreement will widen the partnership between the two companies for air travel e-commerce and aviation IT services.
The objective of the agreement between TravelSky and Cathay Pacific is to fully utilise their joint capabilities in the region to drive TravelSky’s internationalisation and Cathay Pacific’s digitalisation processes. The agreement will enhance the existing OpenJaw’s t-Retail and NDC programmes, and add the combined opportunity of TravelSky’s distribution and revenue management, passenger self-service, data analysis, offshore R&D centres, and online payment systems.
Mr. Xiao Yinhong, CEO of TravelSky Technology, said at the signing ceremony: “Cathay Pacific and TravelSky have always had a close business and technical relationship – dating back to the 1980s. In the past 30 years, we have worked together to deliver numerous milestones that have greatly promoted technology and business enhancement in the regional market. The signing of this agreement at the new TravelSky headquarters has marked an important milestone for both TravelSky and Cathay Pacific”.
Mr. Lu Jiapei of Cathay Pacific said: “Cathay Pacific is very grateful to TravelSky for their long-term support especially its subsidiary company, OpenJaw Technologies and their digital retail technologies. Cathay Pacific will work with TravelSky to make full use of the resources and advantages of both parties to promote digital transformation and development, deliver integration of services, jointly develop new technologies, deliver new customer experiences and create more value for the airline industry.”
Mr Kieron Branagan, CEO of OpenJaw, said: “OpenJaw Technologies is delighted to be part of this Strategic Framework Agreement between TravelSky and Cathay Pacific. OpenJaw has successfully deployed the t-Retail platform at Cathay Pacific as part of the airline’s retail strategy. The OpenJaw t-Retail platform powers Cathay Pacific Flight & Hotel and Hotel Only sales on cathaypacific.com and Flight Only sales on the Cathay Pacific mobile app. Cathay Pacific also selected OpenJaw Technologies as their NDC partner to significantly enhance its customers’ experience across all channels following a thorough commercial and technology evaluation of potential vendors.”
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About OpenJaw Technologies
OpenJaw Technologies transforms travel companies into travel retailers. The Dublin-headquartered travel tech company delivers e-commerce technology to the world’s leading travel brands to enable them to retail all of the additional extras required by their customers to complete their trip, from car hire to city tours. The OpenJaw Platform, t-Retail, is the most complete travel retailing platform available, and is used by world-famous travel brands such as British Airways, Cathay Pacific, Iberia Airlines, Hainan Airlines, AIMIA, Loyalty One, Four Seasons, Avis, and Air Miles to increase revenue and enable redemption. Founded in 2002 by three Irish tech entrepreneurs, OpenJaw was acquired by Chinese global travel tech giant, TravelSky, in 2016.