PROS Pricing: Summer's Hottest
Pricing Software

G2 Crowd ranks PROS as this summer’s #1 pricing software.

Learn more about PROS Price Optimization & Management
Press Release

Etihad Airways Selects PROS Revenue Management Cloud Solution to Enhance Business Operations

HOUSTON and ABU DHABI, Aug. 4, 2015 – Etihad Airways, the national airline of the United Arab Emirates, and PROS® (NYSE: PRO), a big data software company, today announced the signing of a strategic agreement that will see the airline migrate its PROS Origin & Destination (O&D) revenue management solution to the cloud to support its rapidly expanding business operations.

For more than a decade, Etihad Airways has leveraged PROS innovative smart applications to help drive performance in its business. By migrating PROS O&D revenue management solution to the cloud, the airline will gain greater and faster access to PROS ongoing innovations, enabling it to efficiently and consistently expand the value of the solutions across the company. The end-to-end PROS solution focuses on flexibility and scalability, underpinned by a secure and resilient infrastructure.

Etihad Airways’ Chief Information and Technology Officer Robert Webb said: “This agreement is in line with our technology and innovation strategy of enabling common platforms and reusable solutions that reduce costs, increase efficiency and drive value across Etihad Airways and our partner airlines. This year, the technology will be made available to our partner airline Alitalia.

“PROS is the industry leader in airline revenue optimization solutions, and continually invests and innovates to drive business value. As Etihad Airways’ business rapidly grows, it is imperative that we choose the best technology partners who can help us improve our market agility and allow us to better serve our global customers.”

PROS President and CEO Andres Reiner said: “We are excited to deepen our long-standing relationship with Etihad Airways, a recognized leader in the airline industry for its quality of operations and award-winning guest experience. The airline’s migration to our cloud solution is a natural step in a partnership that shares a commitment to driving value and innovation across Etihad Airways’ business and partner network. Customer success is at the heart of our cloud strategy, and Etihad Airways is a great example of how we can further help customers outperform with our cloud solutions.”

PROS O&D cloud solution helps Etihad Airways optimize revenue through data-driven, demand forecasting techniques and global network optimization. The solution uses data science to manage market demand challenges, capture emerging patterns and trends, and differentiate price and availability for guests, allowing the airline to make informed pricing decisions.

 

About Etihad Airways

Etihad Airways began operations in 2003, and in 2014 carried 14.8 million passengers. From its Abu Dhabi base, Etihad Airways flies to or has announced plans to serve 111 passenger and cargo destinations in the Middle East, Africa, Europe, Asia, Australia and the Americas. The airline has a fleet of 116 Airbus and Boeing aircraft, and more than 200 aircraft on firm order, including 66 Boeing 787s, 25 Boeing 777-X, 62 Airbus A350s and seven Airbus A380s.

 

Etihad Airways holds equity investments in airberlin, Air Serbia, Air Seychelles, Aer Lingus, Alitalia, Jet Airways, Virgin Australia, and Swiss-based Darwin Airline, trading as Etihad Regional. Etihad Airways, along with airberlin, Air Serbia, Air Seychelles, Alitalia, Etihad Regional, Jet Airways and NIKI, also participate in Etihad Airways Partners, a new brand that brings together like-minded airlines to offer customers more choice through improved networks and schedules and enhanced frequent flyer benefits. For more information, please visit: www.etihad.com.

 

About PROS

PROS Holdings, Inc. (NYSE: PRO) is a big data software company that helps customers outperform in their markets by using big data to sell more effectively. We apply years of data science experience to unlock buying patterns and preferences within transaction data to reveal which opportunities are most likely to close, which offers are most likely to sell and which prices are most likely to win. PROS offers cloud solutions to optimize sales, pricing, quoting, rebates and revenue management across more than 40 industries. PROS has completed over 800 implementations of its solutions in more than 55 countries. The PROS team comprises more than 1,000 professionals around the world. To learn more, visit www.pros.com.

 

Forward-looking Statements

This press release contains forward-looking statements, including statements about the functionality and benefits of PROS software products. The forward-looking statements contained in this press release are based upon PROS historical experience with big data, pricing and sales software and its current expectations of the benefits of big data, pricing and sales software for organizations that implement and utilize such software. Factors that could cause actual results to differ materially from those described herein include the addressability of an organization’s big data, pricing and sales needs and the risks associated with the complex implementation and maintenance of big data, pricing and sales software such as PROS software products. Additional information relating to the uncertainty affecting the PROS business is contained in PROS filings with the Securities and Exchange Commission. These forward-looking statements represent PROS expectations as of the date of this press release. Subsequent events may cause these expectations to change, and PROS disclaims any obligations to update or alter these forward-looking statements in the future, whether as a result of new information, future events or otherwise.

# # #

Media Contacts: 

Sheila Watson
swatson@pros.com
713.335.5287

James Garber
pros@marchcomms.com
617-960-9875

Asif Khan, Corporate Communications

AsifK@etihad.ae

+971 (0) 2 511 1543

 

###

Previous

PROS Completes SOC2, HIPAA, U.S.-European Union Safe Harbor Certifications for Internal Security Controls, Compliance

Next

PROS HOLDINGS, INC. REPORTS SECOND QUARTER 2015 FINANCIAL RESULTS