- Pressemitteilung BoxID 344597
Advanced Inflight Alliance AG Acquires a Stake in GuestLogix Inc. - Changing the Face of the Passenger Experience Market
Based in Toronto, Canada, GuestLogix is listed on the Toronto Stock Exchange (TSX) and services approximately 90 per cent of North American airline passenger traffic and 40 per cent of global airline passenger traffic.
Advanced Inflight Alliance AG's investment in the airline retail and payments market is part of the company's global strategy to change today's existing business model of inflight service providers to offer airlines a more robust and complete solution for their inflight needs.
Louis Bélanger-Martin, CEO of Advanced Inflight Alliance AG, explained: "Advanced Inflight Alliance AG's stake in GuestLogix is a significant milestone in the evolution of the passenger experience industry, as it connects two major industry players. Through our investment, we are not only supporting GuestLogix' continued growth, but helping progress the passenger experience industry overall by providing airlines with a more robust end-to-end service offering including Inflight Entertainment content, wireless content and connectivity, software and now shopping and payment opportunities."
Tom Douramakos, CEO of GuestLogix, commented: "Advanced Inflight Alliance AG's investment in GuestLogix is a strong testament to our worldwide leadership position in the on-board retailing market and our ability to deliver continued growth."
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