Ryanair Holdings PLC
04 January 2008
Ryanair Signs Agreement with GuestLogix
for On-Board Sales Technology
Friday, 4th January 2008 - Ryanair (ISEQ: RYA, LSE: RYA, NASDAQ: RYAAY),
Europe's largest low fares airline today announced an agreement with Canadian
company GuestLogix (TSX-V:GXI), for the provision of their Mobile Virtual
StoreTM onboard technology, that includes handheld electronic point of sale
devices to assist Ryanair's cabin crew with onboard sales transactions and grow
Ryanair's on board sales.
The new technology will be rolled out across Ryanair's fleet from April 2008 and
will significantly enhance the onboard sales service, enabling the introduction
of more products and improving operations using GuestLogix's technology.
Welcoming the deal, Ryanair's CFO and Deputy CEO, Howard Millar said:
'Today's deal will mean we will improve our onboard product to better
meet passenger needs. The technology will also allow for the launch of
more new products, increasing our revenues and in turn enabling us to
offer even lower fares to our passengers'.
Tom Douramakos, President and CEO of GuestLogix said:
'We are very proud to welcome Ryanair into our growing list of clients,
a company whose passion and vision for ancillary revenue innovation in
the passenger travel industry we share. We look forward to extending
Ryanair's on-board retail efforts into a wide variety of new products
and services. With the addition of Ryanair, the GuestLogix platform now
reaches more than 500 million passenger trips annually'.
About GuestLogix
GuestLogix is a leading provider of onboard retail technology and solutions to
the passenger travel industry. Its mission is to deliver innovative, end-to-end
solutions that create new revenue growth while enhancing service in the world's
guest services supply chain. The Company's customers include the world's leading
airlines, railways, ferries, hotels, caterers, and commissaries. GuestLogix is
publicly traded on the TSX Venture Exchange in Toronto (Symbol GXI). For more
information please visit www.guestlogix.com.
Ends. Friday, 4th January 2008
For reference:
Ryanair
Peter Sherrard, Ryanair Tel: +353-1-8121228
Pauline McAlester, Murray Consultants Tel: +353-1-4980300
GuestLogix
Media and Analyst Contact:
Josef Zankowicz for GuestLogix Tel: +647-500-1563
josef.jta@gmail.com
Sales Contact:
Tony Ashe, VP Americas, GuestLogix Tel: +410-452-5940
tashe@guestlogix.com
This information is provided by RNS
The company news service from the London Stock Exchange
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