Based in Toronto, Canada, GuestLogix is listed on the Toronto
Stock Exchange (TSX)
and services approximately 90 per cent of North American
airline passenger traffic and
40 per cent of global airline passenger traffic.
Advanced Inflight Alliance AG's investment in the airline
retail and payments market is part of the company's global
strategy to change today's existing business model of in-
flight service providers to offer airlines a more robust and
complete solution for their in- flight needs.
Louis Bélanger-Martin, CEO of Advanced Inflight Alliance AG,
explained: "Advanced Inflight Alliance AG's stake in
GuestLogix is a significant milestone in the evolution of the
passenger experience industry, as it connects two major
industry players. Through our investment, we are not only
supporting GuestLogix' continued growth, but helping progress
the passenger experience industry overall by providing
airlines with a more robust end-to-end service offering
including Inflight Entertainment content, wireless content
and connectivity, software and now shopping and payment
opportunities."
Tom Douramakos, CEO of GuestLogix, commented: "Advanced
Inflight Alliance AG's investment in GuestLogix is a strong
testament to our worldwide leadership position in the
on-board retailing market and our ability to deliver
continued growth."
Advanced Inflight Alliance AG
For more information, please contact: Advanced Inflight Alliance AG
Schellingstrasse 35 | 80799 Munich | Tel.: +49 (0)89 613805-0 | Fax: ++49 89 613805-55 | info@aialliance.com |
www.advanced-inflight-alliance.com
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