Air Black Box attracts further airline financial backing
By cameron in Uncategorized
Airline passenger IT and booking system Air Black Box (ABB) has attracted investment from two carriers in the Asia-Pacific region: ANA and Cebu Pacific.
The amount invested in the business to become additional airline shareholders is undisclosed.
Existing backers include Scoot (part of Singapore Airlines) and Nok Airlines, both of which formed the joint venture with travel startup investment vehicle, VaultPad.
Air Black Box is a multi-airline interlining platform and booking system for low-cost carriers.
It also allows airlines to cross-sell ancillary services between one another.
The company claims credit for allowing and being the underlying technology behind the recent launch of the Value Alliance, Asia’s LCC-focused airline grouping in Asia-Pacific.
NB: Singapore Changi Airport image via FreeImages.