Kiwi.com partners up with AeroCRSKiwi.com on 11/11/2018
We’ve taken a minority stake in AeroCRS and started a strategic partnership with the airline technology specialist
Kiwi.com and AeroCRS have come to an agreement that means we will continue to push ahead with revolutionising the industry and making travel better.
The strategic partnership will go live during the first quarter of 2019. Initially, we will become a distributor within the AeroCRS Network. This will give airlines using their reservation system access to our distribution network, which serves more than 90 million consumer searches globally every day.
During the same timeframe, we will make our Virtual Interlining technology available to AeroCRS’s airline clients. This move brings additional reach for these carriers, expanding their inventory by flights Virtually Interlined with other carriers and driving more traffic to their websites. All bookings are protected by the Kiwi.com Guarantee.
This integration will also add new combinations of flights to our consumer-facing proposition.
Synergies between the two partners include combining Kiwi.com’s B2C expertise with AeroCRS’s B2B insights. We will accelerate the process, also thanks to the recently launched Tequila, our new platform which allows partners to access and white label our ground-breaking technology.
Meir Hadassi Turner, Founder and CEO of AeroCRS, said: “We see Kiwi.com as a strategic partner, which will benefit AeroCRS customers in many ways, B2B and B2C.
“The companies share a mutual DNA of innovation in the airline industry and we look forward to improving the passenger journey together in many ways, allowing a better door-to-door journey and improved coverage of routes and carriers worldwide.”
Oliver Dlouhý, Co-Founder and CEO of Kiwi.com, said: “Our investment and partnership with AeroCRS is an exciting move for Kiwi.com and reaffirms our commitment to having the best technology in place so that we not only make the experience better for travellers but also create genuinely incremental revenues for airlines.
“AeroCRS’s deep domain knowledge of airline IT syncs perfectly with our insights into traveller behaviour and preferences. Further potential synergies will be revealed as the partnership develops, bringing benefits to travellers and airlines alike.”
The partnership with AeroCRS is the latest in a run of our corporate announcements. A fortnight ago we added ground transportation into our system, creating the world’s first bookable intermodal engine.
Our business is built around Virtual Interlining. The revolutionary technology enables travellers to create and purchase itineraries by combining flights from more than 500 airlines. This includes airlines that generally do not cooperate.
Airlines benefit from incremental revenue from travellers, who use their networks to book flights that they would not have booked under other circumstances.
We protect all bookings made via the Kiwi.com website with a Guarantee. This Guarantee provides passengers with alternative flights or refunds in case they miss their connections due to flight delays or disruptions.
AeroCRS’s portfolio of SaaS products is a one-stop shop for small- to medium-sized airlines looking to manage their core digital operations, distribution and sales on a single platform.
More than 60 airlines globally deploy its components such as inventory management, reservations and flights management, and fares and loyalty schemes. All of these components can be quickly and easily implemented and integrated.
AeroCRS is backed by Cockpit Innovation, which is the corporate venture arm of Israel’s national airline, El Al, which targets early-stage travel and aviation startups.
To learn more about Kiwi.com’s unique B2B offerings for airlines, please get in touch.