Our HistoryIn 1985 Dr. Gabriel Weisskopf, and a group of major Swiss industrialists led by Dr. Branco Weiss, the I3T Group, founded Softair AG. The company's charter was to develop and market standard software products for the airline industry. In the course of the next 6 years the company, together with its wholly owned overseas subsidiary (Airlines Transportation Products Associates, ATPA Ltd) became one of the leading suppliers of workstation applications to airlines and their distribution partners (Travel Agents, GDS's, Forwarders). In 1991 the groups' activities were expanded by the formation of Distribution Technologies Partners (DTP) Ltd. The company, which was managed by Dr. Weisskopf served as the holding vehicle for all of the groups' assets (including SOFTAIR AG and ATPA Ltd). Over the next 5 years DTP:
In 1996 Siemens Nixdorf AG, through a newly founded and wholly-owned subsidiary (RST, ReserVision Software Technologies AG), acquired all assets owned by the DTP-controlled companies. Dr Weiss and Dr. Weisskopf were appointed to the Board of Directors, the latter serving as CEO and Vice-Chairman of the Board of RST. The product portfolio (Passenger Reservations, Travel Distribution and Air Cargo) at the time of the transaction encompassed:
DTP companies had a client base of over 50 airlines and had licensed its applications onto some 26,000 Workstations on 5 continents. Operations in Zurich, London, Frankfurt, Bombay, Sydney and Orlando provided Development, Marketing and Client support. In 1998 Siemens AG decided to withdraw from the computer manufacturing and marketing business and wound up the worldwide operations of Siemens Nixdorf AG. DTP acquired all travel- and cargo-related activities from Siemens AG and assigned the cargo-related business to Softair AG. Since then, Softair AG has successfully expanded its cargo client base to over 100 Airlines, Forwarding Agents, GSA's and Handling Agents. In 2000 Softair introduced the first system in its new CARGOSPOT family of products with United Airlines as launch partner. Since then the product family has been expanded to include Cargo Reservations, Inventory Management, Handling, Revenue Accounting and GSA functionality on a single web and GF-X enabled platform. In 2007 the Cargospot system was selected by Singapore Airlines to replace its complete Cargo Mainframe system. In 2008 Softair AG was acquired by CHAMP Cargo Systems SA a joint venture between SITA and Luxembourg-based Cargolux Airlines. CHAMP is currently in the process of migrating its complete client base of some 60 airlines to Softair's Cargospot platform. In 2002 I3T principals founded Results Reservation Technologies (RRT) Ltd., a venture dedicated to the development and marketing of airline reservation systems targeted at the full-service, charter, low cost and hybrid market. In October 2003 the new reservation system, Results, was released into production. In March 2004 Thai Airways International selected Results as the reservation system for its new low cost carrier Nokair. The new reservation system went live in Bangkok 90 days later, that is in July 2004. Between 2005 and 2008 the system was implemented in South Africa, Scandinavia, Mexico and the US. In June 2005, AMADEUS and RRT concluded a marketing agreement whereby AMADEUS may license Results to selected clients. AMADEUS launch client Flynordic, Stockholm went into production in September 2005. Core CompetenciesI3T management and staff have a deep understanding of the individual participants in the travel and transportation market, i.e. pricincipals and distribution partners, as well as their interaction across distribution channels such as GDS's, the Internet, Tour Operators and Travel Agents. While I3T companies have always operated globally, Europe and, through the association with Siemens Nixdorf, the German market in particular, have been a prime field of activity. These projects required expertise in the specifics of the interconnectivity between the participants (Airlines, Tour Operators, Travel Agents and the Distribution Systems). In the German travel market I3T has cooperated closely with START GmbH, LTU, Hapag Lloyd, AMADEUS Germany and Lufthansa Systems. Similar projects were executed with charter or hybrid carriers in the US (XTRA, ExpressJet) |
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