SINGAPORE – Abacus has unveiled its new and improved Abacus FareX, an integrated net fares management and distribution solution. The new release of Abacus FareX has features that enhance the updating and distribution efficiency of net fare information for airlines and wholesalers as well as more search and pricing options for travel agents.
Travel agents can use the low fare search tools of Abacus FareX to locate best fares more easily amid such vast choice. There is also access to low fare options for alternate airlines and booking classes with seat inventory for easy fare comparison; an intelligent search logic allows agents to customise searches according to customer preferences.
Airlines and wholesalers can use the enhanced update tools of Abacus FareX to automate and distribute their net fares to multiple channels in real-time. Abacus FareX enables airlines and wholesalers to file and validate complex fare and rule conditions for net fares, corporate fares and discount off published fares all the while with an easy adjustment function to manage different fare levels and `smart’ tools to reduce filing.
“What we’ve launched today is our response to the market feedback as well as the current travel environment. As customers are becoming more price sensitive, Abacus FareX provides a platform to both airlines and travel agents where they can communicate freely and efficiently to fulfill their mutual business needs,” said John Lim, director, Fares and Loyalty Programme, Abacus International.