GuestLogix Inc. News
GuestLogix & TicketOps Partner to Sell Attraction Tickets On-Board North American Flights
Over time, the two companies will work closely to have something for everyone, at all major destinations. Summer 2008 will see a pilot program, testing ticketing offers with select North American carriers in
The airline industry often operates amid fierce price competition on thin margins with high fixed costs, high labour and fuel costs. Fuel costs as a percentage of operating expenses have wreaked havoc on profitability recently. In 2007, fuel costs rose to nearly 30% of operating expenses, up from 14% in 2002. The International Air Transport Association recently revised industry profit estimates to US
About TicketOps
TicketOps, a privately held Canadian Corporation, is a North American leader in eCommerce, eTicketing and 'proof-of-purchase, proof-of-reward' software solutions. TicketOps' proprietary print-at-home eDirect(TM) software is used by attractions for their eCommerce, online fulfilment and marketing requirements. TicketOps is also an industry leader in internet-based 'channel partner solutions' used by national retail, loyalty and member-based programs. These programs give TicketOps clients direct access to significant untapped market segments for impressions and advance sales. For more information see www.ticket-ops.com or contact sales@ticket-ops.com.
About GuestLogix
GuestLogix is the leading provider of on-board retail technology and solutions to the passenger travel industry. Through its proprietary Mobile Virtual Store(TM) platform, the Company provides air, rail and ferry operators the tools to become successful on-board retailers, enhance service and drive ancillary revenue growth. With a customer base consisting of world leading airlines such as American Airlines, Delta Air Lines, Ryanair, Air Canada and Alaska Airlines, GuestLogix currently serves more than 600 million passenger trips annually. For additional information please visit www.guestlogix.com.
Forward-Looking Statements
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
(C) 2008 GuestLogix. All Rights Reserved. The TSX Venture Exchange Inc. has not reviewed and does not accept responsibility for the adequacy or accuracy of this release
SOURCE GuestLogix Inc.
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