SITA acquires Materna IPS, a passenger handling company for airports and airlines, hoteldealers.in

  • Vijaylakshmi by Vijaylakshmi
  • 6 months ago
  • Business
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SITA acquires Materna IPS, a passenger handling company for airports and airlines

SITA, a global leader in technology solutions for the air transport industry, has announced its acquisition of Materna IPS, a passenger handling company for airports and airlines. The move brings to life SITA’s vision to reinvent travel and transport, boosting the company’s leadership in passenger processing, as part of a fast-growth strategy for the years ahead.

With air traffic set to double by 2040, airports and airlines must deliver smoother passenger experiences. SITA’s acquisition is a vital part of its focus on innovation and reinventing travel to meet pressing industry demands for increased terminal capacities and best-in-class secure solutions leading to easy travel for all passengers. It’ll offer the industry a unique opportunity to transform airports from simple transit hubs to digital, personalized experiences for travelers across the world. This acquisition is subject to regulatory approval.

Materna IPS’s portfolio allows airports to process more passengers and optimise resources to give travelers a better experience. They are market leaders in Self Bag-Drop, with a customer base spanning North America, India, Europe, and Japan. Materna IPS offers best-in-class secure solutions for all passenger touchpoints, from check-in to baggage claim and boarding.

“This is an exciting new era of travel! SITA’s biggest acquisition ever is about to change the landscape of the whole aviation industry,” said David Lavorel, SITA CEO. “By combining our solutions and expertise we’ll take the passenger journey, and the operations around it, to a dimension of efficiency never seen before. Airports and airlines will get the most innovative passenger handling solutions available. Passengers all over the world can look forward to a new horizon in smooth, seamless, and contactless travel.”

He added: “We’re on a powerful transformation path. This acquisition fits perfectly with our growth strategy. We wanted to take a bold step towards transforming the future of travel, and we’ve done it. We can’t wait to set off on this new journey with our colleagues at Materna IPS and reshape the future of travel together.”

Dr. Georg Oschmann, CEO at Materna IPS, added: “As we embark on this exciting journey with SITA, we see boundless potential for growth and development. This strategic move is an ideal fit with our commitment to innovation and excellence. Together, we’ll create unparalleled value in our industry and beyond, using our combined strengths to drive meaningful progress and more opportunity for everyone.”

This integration will build on Materna IPS’s common use check-in solutions at kiosks, counters or online – multiple options for user-friendly self-bag drop, and more. This will make a powerful combination with SITA’s portfolio of solutions, including biometrics, computer vision, digital travel, and airport operations management.

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  • Updated On May 23, 2024 at 07:00 PM IST
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  • Published On May 23, 2024 at 07:00 PM IST
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  • 2 min read
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