Vienna, Feb 17, 2009: SriLankan Airlines, the national carrier of Sri Lanka has opted for IBS’ iFly Loyalty, a product line under its iFly solution suite, for handling its airline loyalty management system. iFly Loyalty, a comprehensive newgeneration solution, was chosen at the end of a high standard market research and evaluation conducted by SriLankan Airlines, to support the launch of its new frequent flyer program FlySmiles. iFly Loyalty was chosen for its flexibility, functionality, technical prowess, support and the level of commitment offered by IBS. The system went live at SriLankan Airlines after a successful transition from the Emirates Skywards program. In recent times, SriLankan has taken several initiatives to increases passenger convenience. iFly Loyalty’s FFP offering brings new levels of efficiency to these initiatives, thereby helping the airline enhance customer experience.
iFly Loyalty provides SriLankan Airlines with all aspects of loyalty administration including program management, tier management, partner management and member management. One of the key requirements of SriLankan Airlines was, a system which is flexible enough to makes changes effectively and quickly; iFly delivers this with a highly sophisticated ‘rules engine’ that forms the backbone of the system. With the rules engine embedded in the system, SriLankan Airlines will be able to make innovative changes to their FFP with no technical and professional help. iFly is the only system in the world to offer such a functionality.
iFly Loyalty will also help generate greater ancillary revenue for SriLankan with its sophisticated partner management module. iFly Loyalty’s SOA architecture ensures that the application is fully scalable and ensures easy interfacing to disparate systems. iFly Loyalty enables the airline to keep pace with the constantly evolving preferences and expectations of Frequent Flyer Program members. The product in fact helps improve revenue and market position by helping the airline improve customer loyalty and effective partner management.
SriLankan Airlines’ Head of Worldwide Sales Mohamed Fazeel said, “SriLankan frequent flyer programme gives members so many ways to earn points. Travellers can earn points throughout their journey through our network of no less than ten globally reputed partners, among them are co-branded credit cards, airlines, hotels, spas, car rentals, and phone companies. It is extremely important to have the very best support system, and we are pleased to have IBS’ iFly Loyalty.”
Mr. V K Mathews, Chairman and CEO, IBS Group, said, "Loyalty Programs have become one of the most important marketing tools in the industry and continue to grow. iFly is a new generation IT solution developed specifically for the evolving airline industry, and will set new standards in the market. It is estimated that 5 to 6% of an airline’s revenue can be attributed to a successful frequent flyer program. We see a substantial market demand for the product. With rising air fares, iFly Loyalty will help retain the customers of SriLankan as the profitability of the airlines business depends on them. We look forward to a long-standing partnership with them.”
iFly Loyalty is the outcome of multi-million dollars investment fuelling two years of R&D at IBS. To ensure best industry practices in the product, a Core Group of Influence (CGI) was formed, where a selected set of leading airlines shared requirements and were involved in product development from inception, making iFly Loyalty ready for the dynamic airline industry. In this sense, the product has been built for the industry, guided by the end users themselves. The product is constantly evolving to meet the changing needs of a dynamic industry.
About iFly Loyalty
iFly has been designed from the ground up to address the challenges of airline loyalty and CRM in the 21st century. The product supports dynamic, responsive, high-volume, and cost-efficient loyalty schemes, and helps airlines improve Customer Service Quality and expand Business Operations efficiently whilst spending less on systems. It supports all types of airlines and loyalty programs, from the largest and most-established to the newest and most innovative. The product can support innovative airline business models and enables airlines to respond efficiently to the ever-changing demands of the air travel industry.
About SriLankan Airlines
Sri Lanka’s award-winning carrier now flies to 41 destinations in 25 countries throughout Europe, the Middle East, the Subcontinent, and the Far East. Its frequent flyer programme FlySmiLes is a complete Customer Loyalty Programme that ‘Rewards and Delights’ its customers. Members can earn Miles (points) throughout their journey through FlySmiLes’ partnerships with no less than ten renowned international brands which bring an incredible array of rewards. The ten partners provide services through FlySmiLes’ co-branded credit cards (American Express Platinum, and Standard Chartered Gold and Classic), communications (Travelling Connect and Dialog Telekom), international air travel (Malaysia Airlines and Etihad Airways), domestic air travel (Deccan Aviation Lanka), hotels (Taj Hotels Resorts and Palaces), car rentals (Hertz), and spas (Siddhalepa Spas).