TORONTO, ONTARIO--(Marketwired - Sep 21, 2015) - GuestLogix Inc. (TSX: GXI), the leading global provider of ancillary-focused merchandising, payment and business intelligence technology to airlines and the passenger travel industry, today announced it has successfully completed the rollout of its retail platform and handheld POS devices onboard Spring Airlines. GuestLogix' solution is now being leveraged to accept payment for the purchase of duty free items onboard the Chinese low cost carrier, and will soon be utilized to accept payment for food and beverage. The Company's Global Payment Gateway(tm) and Ancillary Insights(tm) business intelligence platform have also been implemented to optimize the carrier's retail performance. Spring Airlines is one of the most innovative carriers in mainland China, and the full deployment of GuestLogix' technology to support the carrier's onboard retail program will serve as an example to the industry in mainland China and Asia Pacific.
"Spring Airlines is a true innovator with a history of embracing technology and forward-thinking business models that have earned it many 'firsts' in the region. In China, it was the first established LCC, the first carrier to introduce a Buy on Board model and the first to execute Internet and mobile sales, making it a true trendsetter," said Patrick O'Neill, COO & Managing Director, GuestLogix Business Unit. "'We are grateful to play a key role in this airline's retailing strategy, which sets the stage for other carriers in China and Asia Pacific, which represents the largest market in the world."
GuestLogix' retail platform, Global Payment Gateway and PCI-compliant handheld POS devices have been implemented to accept China UnionPay credit cards for the purchase of duty free items onboard, and subsequently, for food and beverage. Additionally, the carrier is now utilizing the Company's Ancillary Insights platform, aiding its ability to maximize its ancillary revenue potential. In the near future, GuestLogix will be enabling the inflight acceptance of additional internationally recognized credit cards for onboard retail purchases, and may also deploy its OnTouch® Destination Merchandising local attraction and transportation passes.
"Above all else, Spring Airlines values safety, affordability, innovation and convenience, and we take these principles into account when evaluating and implementing new initiatives," said Mr. Zhang Xiao Lu, General Manager, Spring Airlines Inflight Duty-Free Company Limited. "As the leading provider in its space, GuestLogix was the ideal match for Spring, given its revolutionary approach to travel retail. We are delighted to now be utilizing GuestLogix' market-leading technology to improve the onboard retailing experience for our passengers as well as to elevate our retail performance."
Spring Airlines offers more than 50 routes across China and beyond, and in 2014, transported approximately 11.4 million passengers.
About Spring Airlines
Spring Airlines was established in 2004 and was one of the first airlines owned by the private capitals. In the meanwhile, Spring Airlines is also the first low cost carrier in China. Spring Airlines now owns 50 A320 aircraft with annual passenger volume exceeding 11 million; Spring Airlines is famous for its differentiated services and innovation capability and started the first onboard store business model in China. It is also the leading airline that starts the onboard retail business.
GuestLogix Inc. (TSX: GXI) is a global leader in comprehensive merchandising, payment and business intelligence technology delivered to the passenger travel industry, both onboard and off-board. Bringing over a decade of expertise as the industry's most trusted onboard transaction processing partner to airlines, rail operators and elsewhere in the passenger travel industry, GuestLogix powers the industry's growing reliance on ancillary revenue generation. Both direct to operators as well as through partnerships with global leaders in catering, duty-free, inflight entertainment and self-service retail experts, the Company provides the payment services touching over 1 billion travelling consumers each year. On December 23, 2014, GuestLogix announced the acquisition of OpenJaw Technologies, a Dublin-based technology company focused on travel retailing innovation in the e-commerce segment. GuestLogix' global headquarters and centre for product innovation is located in Toronto, with regional offices located in Dallas, London, Dublin, Galway, Madrid and Hong Kong, and product innovation labs located in Moncton and Krakow. More information is available at www.guestlogix.com and www.openjawtech.com.
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This news release includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with GuestLogix' business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions "anticipate", "believe", "plan", "estimate", "expect", "intend", and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts, but reflect GuestLogix' current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the matters discussed under "Risks and Uncertainties" in the Filing Statement filed on August 12, 2015 with the regulatory authorities. GuestLogix assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements.
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