China GDS TravelSky achieves steady growth in 2014
China’s national GDS TravelSky reported stable growth in all operations, with gross revenue growing 18.3% to reach RMB5.34 billion.
ChinaTravelNews – China’s national GDS TravelSky reported stable growth in all operations, with gross revenue growing 18.3% to reach RMB5.34 billion (approx: US$862 million), in its audited 2014 fiscal report. Its profit before tax and profit attributable to stakeholders grew 45.1% and 37.1% to RMB1.9 billion (approx: US$307 million) and RMB1.65 billion (approx: US$266 million) respectively.
TravelSky’s electronic travel distribution system (ETD) processed 420 million bookings for domestic and international carriers, an increase of 10.7% y-o-y. Bookings for China’s commercial carriers grew 10.7% while bookings for foreign and regional commercial carriers were up 11.3%.
The number of international and regional carriers using its services via app system, multi-host interface and the Angel Cue platform increased to 101, and the number of departing passengers processed in 62 airports totaled 9.6 million.
TravelSky’s wholly-owned subsidiary Accounting Centre of China Aviation (ACCA) processed approximately 669 million transactions and 277 million BSP tickets, grossing around RMB15.4 billion (approx: US$2.5 billion) in electronic payments in 2014.
TraveSky’s travel distribution network processed 335 million transactions worth RMB350.8 billion (approx: US$56.65 billion).
TravelSky’s next generation app departure system has become the standard in many small- and medium-sized airports in China, and is used by Chinese carriers in 110 overseas and regional airports to handle check-in, transfers and interline services. The system processed 24.8 million departures. It has also developed the Angel Lite system for small domestic airports ranked outside of the top 60 national airport rankings.
TravelSky’s system handled 15.6 million air cargo transactions, up 14.7% y-o-y. The system also processed the bookings for 1.0586 million room nights in 2014, an increase of 6.9% y-o-y. The GDS will continue research and improvement to upgrade its cloud data retrieval and cloud platform products.(Translation by David)