Hitit welcomed ten new airline partnership agreements in 2019 as well as reporting a significant growth in revenue and EBITDA for the year.
Revenue increased by 36% compared with 2018 and EBITDA grew by 68% against 2018, with Nevra Onursal Karaagac, Chief Sales and Marketing Officer at Hitit commenting: “2019 was one of the most remarkable years in the company’s history, reflected in the large growth of our financials.”
The Airline IT provider acquired 10 new airline partners from nine countries; Bahamas, Chile, Greece, Kazakhstan, Kyrgyzstan, Pakistan, Spain and Uganda.
“The number of partners increased by nearly 50% and we created an ecosystem which allowed us to grow together with our partner airlines,” she continued, suggesting: “For example, the performance of Flyarystan, one of our new partners in 2019, clearly demonstrates the success of our cooperation which resulted in more than 4,000 flights, over 700,000 passengers with a 94% load factor and a 90% on-time performance, in only eight months.”
The Crane PSS system includes reservation and passenger services, internet booking engine, mobile application, allotment manager, departure control system, loyalty layer and a customer care layer. Other solutions include operations planning, accounting plus business performance index, cargo services and a multi-lingual and multi-currency travel merchandising platform.
