RYANAIR to fly to new levels in cost management

Ryanair, the World's favourite airline, today (13 Jan, 2011 ) announced that it has awarded a contract to Airpas Aviation, a world leader in aviation cost controlling and invoice processing software, to support Ryanair's invoicing and cost management.

RYANAIR to fly to new levels in cost management

Airpas' software will now offer cost and contract management for over 1,200 low fare Ryanair routes and over 160 Ryanair airports, helping Ryanair to reduce costs and fares further while carrying this year 73.5m passengers on the guaranteed lowest fares.

Ryanair's Stephen McNamara said:

"Again Ryanair chooses to work with industry leading tools to deliver our guaranteed lowest fares. The Airpas software solution will support Ryanair with a sophisticated system to optimize invoice and cost contract management for cost items including fuel, ground handing, landing fees, taxes and overflight charges as well as revenue management.  In addition, profitability accounting, electronic invoicing as well as decision management and reporting will be supported. We congratulate Airpas on having been awarded with this contract and look forward to a fruitful relationship."

Reinhold Renger, CEO of Airpas Aviation, said:

"We look forward to a mutually beneficial relationship with Ryanair, supporting the critical job of revenue, cost and invoice management. Our management solutions, as well as our deep familiarity with aviation business and processes, given our expertise with 14 international air carriers, will enable us to provide cutting edge cost and revenue management solutions for our newest customer, Ryanair."

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