London, UK – Jan 16, 2024
- Air France-KLM and Accelya have added Cargo Revenue Accounting to the existing portfolio of Accelya software covered by their partnership.
- The new deal equips Air France-KLM with robust financial monitoring capabilities for its cargo services.
- Accelya is a clear global leader in airline cargo, with over 30 airlines powered by its integrated cargo platform.
Accelya, a leading global software provider to the airline industry, today announces it will provide Air France-KLM with its industry leading Cargo Revenue Accounting (CRA) solution, to process and optimise the airline’s cargo billing, settlement and accounting processes.
Air France-KLM has selected the multi-airline variant of the solution that will be used across the group. With Accelya’s CRA solution, Air France-KLM has access to reliable, comprehensive, and accurate financial monitoring capabilities that enhances cashflow, revenue recognition and reporting process. The airline has selected Accelya’s fully integrated Cargo Revenue Accounting platform, supporting the carrier’s transition from an in-house build capability.
The new contract builds on the two companies’ existing partnership to deliver personalised, dynamic, and bundled offers to Air France-KLM’s customers through Accelya’s FLX Merchandise.
Joren Laeven, VP Controlling Commercial at Air France – KLM Cargo comments, “Our decision to invest in a new best of breed cargo revenue accounting solution is another key milestone in our overall technology transformation at Air France-KLM. We were impressed with Accelya’s CRA solution and its capability to manage multi-airline requirements. We also appreciate that Accelya offers comprehensive suite of cargo solutions encompassing offer to settle journey of the shipment.
“With Accelya’s Cargo Revenue Accounting platform we have the capability to optimise our financial monitoring, boost revenue, and enhance profitability.”
Accelya’s ‘out-of-the-box’ Cargo Revenue Accounting solution is easily integrated into airlines’ existing operational and financial systems, as well as industry platforms such as SIS and CASS. Air France-KLM joins more than 30 airlines already powered by Accelya’s integrated Cargo solutions.
Andrew Wilcock, Chief Revenue Officer at Accelya, adds: “Extending our partnership with Air France-KLM underlines the consistent value and enhanced experience our Airline Cargo software delivers. Using our Cargo Revenue Accounting solutions, Air France-KLM can optimize its revenue, cash flow and settlement processes. We are thrilled to be supporting the airline’s momentum and are committed to bringing the very best technology and support to Air France-KLM and their customers now and into the future.”
About Accelya
Accelya is a leading global software provider to the airline industry, powering 200+ airlines with an open, modular software platform that enables innovative airlines to drive growth, delight their customers and take control of their retailing.
Owned by Vista Equity Partners long-term perennial fund and with 2K+ employees based around 10 global offices, Accelya are trusted by industry leaders to deliver now and deliver for the future.
The company´s passenger, cargo, and industry platforms support airline retailing from offer to settlement, both above and below the wing. Accelya are proud to deliver leading-edge technologies to our customers including through our partnership with AWS and through the pioneering NDC expertise of our Miami based product team.
We are proud to enable innovation-led growth for the airline industry and put control back in the hands of airlines.
For more information, please visit www.accelya.com
About Air France-KLM
A global player with a strong European base, the Air France-KLM Group’s main areas of business are passenger transport, cargo transport and aeronautical maintenance.
Air France-KLM is a leading airline Group in terms of international traffic on departure from Europe. It offers its customers access to a worldwide network, covering over 310 destinations thanks to Air France, KLM Royal Dutch Airlines and Transavia, mainly from its hubs at Paris-Charles de Gaulle and Amsterdam-Schiphol.
Its Flying Blue frequent flyer programme is one of the leaders in Europe with over 17 million members.
Together with its partners Delta Air Lines and Virgin Atlantic, Air France-KLM operates the largest transatlantic joint venture, with more than 340 daily flights in 2019.
Air France-KLM is also a member of the SkyTeam, the alliance dedicated to providing passengers with a more seamless travel experience at every step of their journey 18 member airlines working together across an extensive global network.
Recognized for 18 years as an industry leader in sustainable development, the Air France-KLM Group is determined to accelerate the transition to more sustainable aviation. Since 2003, the Air France-KLM Group has been a member of the United Nations Global Compact. The aim is to make a significant contribution to the UN Sustainable Development Goals in connection with the Group’s activities.
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