ATLANTA, Sept. 29 /PRNewswire/ -- TRX, Inc. (www.trx.com) (Other OTC: TRXI), a world-leading provider of travel technology, process automation, consulting and data services, provides unique airline merger analysis through its award-winning Travel Analytics consulting and TRX Airline Contract Manager utility, helping corporate travel managers quantify the impact of airline mergers on their travel program.
The planned Southwest Airlines and AirTran Airways merger highlights the potential impact of airline industry changes on corporate travel programs. Typically, corporations leverage negotiated rates as a key element in controlling travel expenses. When mergers occur, the dynamics of those negotiated rates can shift drastically for both corporations and airlines. Understanding how mergers enhance or erode a corporation's negotiating position, intelligence into potential changes in a corporation's preferred airline program or insight into other possible new airline combinations becomes critical to the success of any corporate travel program.
TRX's airline merger analysis solution combines TRX's Travel Analytics consulting with its Airline Contract Manager utility by acquiring and consolidating global travel data from a wide-range of sources, evaluating all contract parameters including overlapping and competitive markets, and mapping transaction data to specific contracts. TRX's unique approach to assessing the impact of an airline merger provides actionable insights to corporate travel managers.
"TRX has the industry's most powerful suite of airline sourcing tools and a well-earned reputation for delivering significant savings opportunities to our clients," said Shane Hammond, President and CEO of TRX. "We combine powerful Travel Analytics expertise and our industry leading Airline Contract Management solution to mine for savings options our clients can leverage for their benefit."
TRX is a world-leading travel technology and data services provider, offering more than 20 software-as-a-service utilities for online booking, reservation processing, data intelligence, and process automation. We deliver our technology applications in an on-demand environment to travel agencies, corporations, travel suppliers, government agencies, credit card associations, credit card issuing banks, and third-party administrators. We provide patented savings maximization solutions via our travel analytics consulting practice, extending spend management services to travel buyers all over the world. We complement all of these offerings with a global workforce focused on travel process automation and reengineering. For more information about TRX or to contact a TRX sales office, phone 404.929.6100 or visit the company's website at www.trx.com.
SOURCE TRX, Inc.