SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : AMIGOS INVITATIONAL YEEHAW PORTFOLIO

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: M.R. Davis who wrote (1013)8/15/1999 12:08:00 PM
From: Sergio H  Read Replies (1) of 1316
 
Mark, and all...this weekend I wrote PMs to all participants in the folio that haven't been heard from.
I don't want to allow the folio to get stagnant because
someone has abadoned their position and secondly, I would like to encourage discussion on everyone's position in the folio.

Thanks for updating us on IFLY. Have you heard or read about IBM's entry into the travel biz? What effect do you think this development will have on IFLY?

<Wednesday August 11, 4:58 am Eastern Time
Company Press Release
IATA Teams With IBM to Develop Central E-Ticket System for Airline Industry
--Agreement to Expand Paperless Travel Around The Globe--
NEW YORK--(BUSINESS WIRE)---August 11, 1999-- The International Air Transport Association (IATA) and IBM today announced their commitment to develop a service capable of linking the e-ticket systems of hundreds of airlines around the world. The new service, built on industry standards, is expected to expand significantly the acceptance and use of e-ticketing among IATA?s 266 Member airlines and the industry as a whole.

This new industry solution will allow participants to link to a centralized e-ticket service to process and exchange e-tickets. Travelers using e-tickets will then have the flexibility to fly, and if necessary rebook, on more than one airline on the same trip. This cannot be done today -- unless the e-tickets are issued by one of the few carriers with existing reciprocal agreements.

Those participants in the system without e-ticketing capability also may opt to use the new centralized service as a host system to create, store and process e-tickets, eliminating the need to develop and maintain their own proprietary e-ticket facilities.

``Airlines are realizing significant cost savings by implementing e-ticketing, with some airlines reporting large savings over their standard paper ticket costs,' says Tom Murphy, Managing Director, IATA Distribution Services. ``Through IATA, the industry will derive great benefit from IBM's reputation and expertise in e-ticketing, helping us to deliver a global service to passengers.'

``This new service will mark another e-business milestone for the airline industry,' says Greg Conley, General Manager, IBM Global Travel & Transportation. ``It will enable airlines to connect to a centralized e-ticket service by developing a single, simple interface -- a much more efficient process than the current one requiring airlines to establish reciprocal electronic links with one another.' >
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext