News last week that leading UK leisure airline Monarch received an influx of £125 million of permanent capital from investors Greybull Capital LLP tells of a cutthroat competitive market.
Leading travel commerce platform, Travelport has just announced that Aeroflot – Russian Airlines has signed up for Travelport’s Rich Content and Branding solution. The largest Russian airline, Aeroflot is now the first in Russia and across the CIS (Commonwealth of Independent States) to take advantage of Travelport’s innovative new offering.
Smart technologies and the ecosystems they are integrated into, these each represent opportunities for both businesses and travelers. Airports, being central to the overall travel market, they will soon become highly advanced Smart hubs themselves, According to a new report from MarketsandMarkets, the global market for smart airports will reach $13.5 billion by the year 2020. Already the demand for smart technologies integrated into center infrastructures will skyrocket in the next few years.