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Air Canada Advances its Product Distribution Capabilities with NDC Exchange Connection

DULLES, Va., Aug. 23 (Korea Bizwire) — ATPCO and SITA today announced that launch customer Air Canada processed its first NDC (New Distribution Capability) production transaction via NDC Exchange, a platform that simplifies the adoption of the International Air Transport Association’s (IATA) NDC standard. NDC is a new standard aimed at enabling the travel industry [...]

Hotel Shilla to Acquire No. 1 In-flight Duty-free Retailer DFASS

SEOUL, Feb. 3 (Korea Bizwire) – Hotel Shilla is aiming to take over DFASS, the world’s largest in-flight duty-free specialty retailer, to expand its duty-free business to on-board duty-free shopping. According to retail industry experts in Korea, Hotel Shilla selected Goldman Sachs as the managing underwriter for its acquisition of DFASS, and is now fine-tuning the [...]