Megabyte solution completes commercial platform of Aviation IT Industry Leaders, Lufthansa Systems. New Integrated Commercial Platform module, ICP/Perform, calculates profitability of individual routes.
Lufthansa Systems today announced that it has expanded the functionality of its Integrated Commercial Platform (ICP) through a product from a renowned Maltese IT company, Megabyte Ltd. Lufthansa Systems will promote the product to its ICP customers worldwide.
The ICP/Perform module, which is available now, features new applications for optimizing the cost-efficiency of flight routes. ICP/Perform calculates route profitability and assists with budget planning while also automatically settling invoices for air traffic control costs, airport fees and similar expenses.
“The ICP already enables airlines to make decisions by providing a complete overview of their central flight operations planning data. We have taken this approach even further with ICP/Perform. The new module allows analyzing the profitability of individual routes and contributes to cost-efficient flight operations,” said Stefan Auerbach, Senior Vice President Airline Solutions at Lufthansa Systems.
The Integrated Commercial Platform covers all of an airline’s network and revenue management processes. It provides a comprehensive overview of the information relevant to commercial planning and gives airlines a solid foundation of data for managing their business. The ICP thus enables carriers to be more agile and flexible in an environment that is both complex and dynamic.
ICP/Perform handles route profitability functions within the Integrated Commercial Platform. Its fast, precise reporting tool covers everything down to the level of individual flights, providing a basis for airlines to make better network planning decisions. The system combines flight operations information with cost data and sends the results directly to the respective finance systems. It also has interfaces to the revenue accounting and flight operations systems so that revenue and cost data can come from a central data source. ICP/Perform additionally prevents overpayments by settling accounts precisely.
