They sure are chasing smart money it seems...
Topped up some more this arvo :)
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Zeno connects to ATPCOs NDC Exchange
https://www.serko.com/news-blog/atpco-ndc-exchange/
ATPCO and SITA today announced that British Airways, Delta Air Lines, the airlines of the LATAM Group, United Airlines and Finnair have all committed to NDC Exchange, a platform that enables content interoperability across the ecosystem and is a trusted bridge between IATA’s NDC (New Distribution Capability) and traditional distribution methods.
“By connecting to NDC Exchange we have access to these first movers, as well as other airlines as they join. By building a single connection to NDC Exchange, we are being more efficient with our development resources, letting us focus on customer experience rather than content acquisition. We’re excited about the momentum this is getting and can’t wait for the next airline,” said Rich Miller of Serko, an industry-leading corporate booking tool.
NDC Exchange is a community platform that enables API connectivity between airlines and sellers (GDSs, travel agents, aggregators, OTAs, and TMCs) so that they can exchange messages easily and cost effectively. NDC Exchange supports shopping, booking, and servicing workflows and enables the cross-selling of ancillary services between airlines, and among airlines and sellers. Using a common data model, it normalizes messages regardless of version or format, creating interoperability across the distribution ecosystem. Travel sellers can access multiple airlines via NDC Exchange, hence lowering the cost of their implementation.
“NDC Exchange is a unique industry platform that allows airlines and sellers to advance their NDC programs at a pace that best suits their business needs,” said Graham Wareham, Director of Products & Solutions for ATPCO. “With the addition of these five world class airlines to Air Canada, the exchange now has become a compelling part of the NDC ecosystem. With one simple connection, sellers and other airlines can easily access all five carriers.”
NDC Exchange facilitates the real-time XML message translation enabling airlines and travel sellers to quickly and efficiently connect to the platform regardless of their API schema or standard. Once connected to NDC Exchange, airlines have access to all connected travel sellers and those travel sellers have access to all connected airlines.
NDC Exchange has seen robust industry interest, with early-joiners Airlines Reporting Corporation (ARC) providing settlement support and Routehappy by ATPCO powering rich content capabilities to enhance retailing. NDC Exchange has earned a Level 3 NDC Capable certification, the highest level of certification offered by IATA.
NDC is a standard, developed and implemented in accordance with applicable laws, which is aimed at enabling the travel industry to transform the way services are retailed to leisure and business travelers. It supports greater product differentiation, access to full and rich content, and delivers a more transparent shopping experience.
Thanks sb9 , i hadnt seen that . This does look exiting . Only a few years ago an investment banker said to me not to touch Xero when it was $4 ..... Now look at it .
im trying to not make the same mistake twice,
Not that it matters much but last night Serko won the "Excellence in Innovation" at the NZTE function:
Judge Craig Cotton said: “The reason that Serko won is that CEO Darrin Grafton was able to show a true culture of innovation, end to end in terms of the processes. The way their people develop their products or services, ultimately for the end consumer, was outstanding. What was really exciting is that this is a true global opportunity, this could become a more than billion-dollar company.” (current MC $261m).
fwiw The Supreme Winner was Seequent
Another recognition to be proud of for holders..
Zeno wins BTN Innovate People's Choice Award
https://www.serko.com/news-blog/btn-innovate/
Also Zeno is going live in Canada next week.
https://www.nzx.com/announcements/326942
Directors buying on market, albeit nominal quantities as part of Non-Executive Director Fixed Trading Plan.
Tuesday will be interesting with the HY result announcement. Unlike the last couple of years we didn't get a market update prior to the announcement so I wouldn't expect anything wildly spectacular (yet).
Didn't they forecast in their last annual report revenue growth of 15 to 30% but no material earnings growth? Lacking any newer update, I suppose this will it be.
Not really a lot for a company purely based on growth - is it? But who knows - maybe one day the XRO, WYN, DIL or PPH of all travel bookings - take your pick ... some win, some lose.