London, UK – August 07, 2023
- Thai Airways International Public Company Limited (THAI) will outsource its passenger revenue accounting activities to Accelya to better optimize its resources and enable greater operational efficiency.
- New agreement builds on 11-year partnership with THAI and seeks to support the airline’s long-term transformation.
- Accelya already provides outsourced revenue accounting services to over 30 airlines globally.
Accelya a leading global provider of software and technology solutions to the airline industry, today announced it will manage passenger revenue accounting activities on behalf of THAI.
As part of the new agreement, the Thai flag carrier – a customer of Accelya’s Passenger Revenue Accounting system for over ten years – will outsource its revenue accounting function to Accelya.
By entrusting its data processing function to Accelya, the airline will be able to regain focus on its core expertise and deploy new resources into areas that drive innovation and growth.
Since 2012, Accelya has provided THAI with a whole suite of industry-leading solutions across both its passenger and cargo segments.
“Our long-standing partnership with Accelya has played a pivotal role in driving our transformation over the years,” commented Ms Cherdchome Therdsteerasukdi, THAI Chief Finance and Accounting. “As we embark on yet another chapter in our collaboration, we’re excited to leverage Accelya’s financial expertise to further optimize our resources and achieve greater operational efficiency.”
“Having worked closely with THAI for over a decade, our revenue accounting solution is deeply entrenched in their ecosystem and has been continuously enhanced to fulfil the airline’s unique needs,” added Andrew Wilcock, Chief Revenue Officer at Accelya. “We look forward to combining our market-leading platforms and airline finance expertise to robustly meet THAI’s current revenue accounting demands and support their long-term transformation.”
Accelya is the industry’s largest outsourced services provider for passenger revenue accounting. As a certified NDC and ONE Order Capable provider, the company’s highly trained domain experts handle passenger revenue accounting for over 30 airlines globally.
About Accelya
Accelya is a leading global software and technology solutions provider to the air transport industry, delivering innovative change at speed and scale.
The company´s market-leading passenger, cargo, and industry platforms support airline retailing from offer to settlement, both above and below the wing.
Over 200 airline customers count on Accelya, with operations spread across nine countries and employing over 2,000 professionals worldwide.
For more than 40 years, Accelya has been the industry’s partner for change, simplifying airline financial and commercial processes and empowering the air transport community to take better control of the future.
Whether partnering with IATA on industry-wide initiatives or enabling digital transformation to simplify airline processes, Accelya drives the airline industry forward and proudly puts control back in the hands of airlines so they can move further, faster.
For more information, please visit www.accelya.com
About THAI
Thai Airways International Public Company Limited (THAI) is the national carrier of the Kingdom of Thailand. Founded in 1960, it operates domestic, regional and intercontinental flights. THAI is operating flights in European, Australian and Asian routes.
Throughout the period of more than 60 years in the airline business, THAI aims to focus on safety and quality of service with THAI touches for passenger comfort through the journey which have made THAI become one of the best airlines in the world guaranteed by the various awards of recognition.
For more information, please visit www.thaiairways.com
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CONTACT DETAILS FOR ACCELYA:
Roman Townsend – Managing Director at Belvera Partners
[email protected]
CONTACT DETAILS FOR THAI AIRWAYS: