Financial Daily from THE HINDU group of publications Saturday, Apr 15, 2006 |
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Info-Tech
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Software Logistics - Software Ramco Systems bags orders from JeJu Air, Air Methods Our Bureau
Chennai , April 14 Ramco Systems Ltd, through its global partner Sabre Airline Solutions, has signed contracts with JeJu Air Co, South Korea, and the US-based Air Methods Corporation for using its aviation software, according to Mr Jim Fitzgerald, Vice-President, Global Aviations Solutions, Ramco Systems. JeJu is the first regional carrier in South Korea and a low-cost start up. Air Methods is an airborne healthcare company, providing emergency transportation and medical services using both a hospital-based and a community-based model of service throughout the US, he said.
MRO solutions
Ramco's Adaptable Enterprise Aviation and MRO (maintenance, repair and overhaul) software is for low-cost and start up airlines. It offers online aviation maintenance, repair and overhaul application. "These are significant orders for us," he told newspersons without divulging value of the deals. The Ramco MRO System from the Chennai-based software company automates and integrates all aspects of airline maintenance, including line, shop, hangar, engineering and materials management, providing tangible cost reductions while fully complying with regulatory and safety measures. The Web solution incorporates technologies such as built-in workflow, digital signature (e-signatures), fax/email interfaces and electronic flight bag (an electronic display system intended primarily for cockpit/flight deck), he said.
Revenue earner
Mr M.M.T. Nambi, General Manager, Aviation Solutions, Ramco Systems, said aviation contributed 35 per cent of revenue for Ramco's enterprise solutions division it had revenue of about Rs 100 crore for nine months ending December 2005. The aviation solution is likely to have revenue of Rs 66-75 crore this year, and annually grow at 40 per cent. The annual MRO spending on information technology by commercial airlines in India is about Rs 3,000 crore, he said. Mr Fitzgerald said new aircraft orders from India were about $12 billion. Currently, there are four international and six domestic carriers with six more domestic carriers starting operations this year in India. About 80 per cent of the start-ups are low-cost carriers, he said.
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