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| Jet Airways selects Kale’s Zero Octa for audit services | |||
| 12 Jan 2010
, Mumbai
: Zero Octa, the specialist audit subsidiary of Kale Consultants Ltd, and the leading provider of revenue recovery and audit services to airlines globally, today announced that India’s premier international airline, Jet Airways, has selected Zero Octa to audit its passenger accounting results. Zero Octa’s audit services are used by over 35 leading airlines globally, and is considered by many to be the “best of breed” service provider in the revenue management, protection and revenue integrity service space. Zero Octa is the only audit vendor to be endorsed by IATA and is the preferred audit provider to the Star Alliance group of airlines. Jet Airways will benefit from Zero Octa’s global experience and strong operational presence in the region. Speaking on the occasion Mr. Sudheer Raghavan, Chief Commercial Officer, Jet Airways said, “Jet Airways has always believed in harnessing the best of breed solutions available in the market. Sales audit is a critical service, helping us minimise revenue leakage while preventing future leakages. As the leading service provider in this segment, we believe Zero Octa has the necessary expertise and domain knowledge to help us achieve our revenue management objectives.” Mr. Peter O’Sullivan, Head of Business Development at Zero Octa said, “We are delighted to work with Jet Airways. With airlines around the globe facing tough times, revenue protection and recovery has become a must-have requirement. Our quality of service, dedicated management, and ability to identify high levels of recoverables will certainly help airlines, like Jet Airways, add to their bottom line. Complex fare structures, inability to manage large volumes of data, and inefficient controls necessitate an effective and comprehensive Passenger Sales Audit service. Zero Octa's sales audit is aimed at helping airlines plug such revenue leakages and significantly transform their balance sheets. This service is carried out by Zero Octa's expert team of IATA graduates. Such a service can help recover between 1% and 3% of an airline's agency sales through a comprehensive and complete audit which identifies and recovers errors related to fares, taxes and commission errors, as well as other errors and abuses in the system. About Jet Airways: Jet Airways currently operates a fleet of 88 aircraft, which includes 10 Boeing 777-300 ER aircraft, 12 Airbus A330-200 aircraft, 52 next generation Boeing 737-700/800/900 aircraft and 14 modern ATR 72-500 turboprop aircraft. With an average fleet age of 4.54 years, the airline has one of the youngest aircraft fleet in the world. Flights to 61 destinations span the length and breadth of India and beyond, including New York (both JFK and Newark), Toronto, Brussels, London (Heathrow), Hong Kong, Singapore, Kuala Lumpur, Colombo, Bangkok, Kathmandu, Dhaka, Kuwait, Bahrain, Muscat, Doha, Abu Dhabi, Dubai, Jeddah, Sharjah and Riyadh. About Jet Airways Konnect: Jet Airways Konnect is Jet Airways’ all-economy service on key domestic routes, designed to meet the needs of the low fare segment. Jet Airways Konnect links five major metros- Mumbai, Delhi, Chennai, Bengaluru and Kolkata - with several destinations across India. Jet Airways Konnect operates over 195 flights daily. Jet Airways and its all-economy, no-frills Jet Airways Konnect service together operates over 300 flights daily. About JetLite: JetLite is a wholly owned subsidiary of Jet Airways India Ltd. and was acquired by Jet Airways in April 2007. Positioned as an all-economy airline, JetLite offers value for money fares. JetLite operates a fleet of 23 aircraft, which includes 16 Boeing 737 series and 7 Canadian Regional Jets 200 Series. The airline flies to 28 domestic destinations and 2 international destinations (Kathmandu and Colombo), operating over 110 flights a day, on average. Jet Airways, JetLite and Jet Airways Konnect, its all-economy, no-frills service, have a combined fleet strength of 111 aircraft and operate over 410 flights daily. Visit us at www.jetairways.com About Zero Octa: Zero Octa, the specialist audit subsidiary of Kale Consultants Ltd, is a leading provider of revenue management, protection and revenue integrity solutions for airline clients in every continent. Zero Octa implements financial solutions that identify and collect lost revenue, providing sophisticated management information, to deliver improved cash flows. Zero Octa offers a fully managed end-to-end audit solution that works in conjunction with airlines’ existing processes to maximize the efficiency of their systems, processes or personnel with no upfront investment. About Kale Consultants Limited: Kale Consultants Limited is a leading solutions provider to the global Airline, Logistics and Travel industry. Committed to innovation and excellence, Kale delivers world-class software products, technology, managed process, hosting and consulting services. Kale employs over 1600 talented professionals who focus on delivering quality service to over 100 satisfied customers across 30 countries. |
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