IBS Software (IBS) has been selected by South Korea based Jin Air, a subsidiary HanJinKal, as its Passenger Services System (PSS) provider. The seven-year, multi-million-dollar contract for the engagement was formally signed yesterday by Choi JungHo, CEO of Jin Air and Mr. VK Mathews, Executive Chairman - IBS Group, in Seoul. The engagement will see IBS implement its Passenger Services System (PSS), iFly Res, for integrated reservations, ticketing, and departure control operations. IBS' platform will replace the existing system allowing Jin Air to open up new revenue streams from both its low cost and scheduled flights business. IBS' loyalty management system, iFly Loyalty, will also be implemented along with iFly Res. This will support the diverse needs of Jin Air like FFP, coalition programs, SME and corporate programs and other various models.
The contract, awarded after more than two years of evaluation, will see IBS implement its modern PSS system by March 2018, which will also enable Jin Air open up possibilities to generate significant ancillary revenue with flexible management options.