SITA Completes Legal and Regulatory Formalities
for Materna IPS Acquisition
(15/07/24)
SITA has completed the regulatory formalities
and legal procedures required to complete its acquisition of
Materna IPS, a leading provider of common use check-in, self-bag
drop and boarding solutions for the air transport industry.
With a footprint of approximately 120 airports
around the world, the integration of Materna IPS will see SITA
become one of the leading global providers of self-bag drop
solutions whilst also strengthening its position in areas such as
biometrics, with 85% of international air passengers served
globally, and in Common Use Terminal Equipment (CUTE) and Common
Use Self Service (CUSS) kiosks.
“As we complete these final steps, we’re looking
forward to Materna IPS joining the SITA Group,” said David Lavorel,
SITA CEO. “Our focus will now move to unifying our teams as we
work towards combining our solutions and expertise. With the
extraordinary talent and innovative solutions brought to the table
by both SITA and Materna IPS, we’ll create a unique and unbeatable
portfolio of solutions. With this, passengers around the world
will be able to look forward to a much easier and more seamless
way of travelling as we reshape the future of travel.”
Podcast and Video Interview with Sumesh Patel, President of
SITA Asia Pacific
To learn more about this investment
as well as trends within the Asia Pacific region, Steven Howard of Travel
News Asia sat down with Sumesh Patel, President of SITA Asia
Pacific.
In the interview, filmed over the internet on 8
July 2024, Steven asks about some of the recent acquisitions, what
they mean to SITA and whether there is scope for more in the
future.
We discuss seamless travel and what SITA's vision
is for the future of travel, what role the company will play in
bringing air, rail and other ground transport together, and what
challenges SITA faces in doing so.
We discuss SITA's recent partnership with
Singapore University of Technology and Design (SUTD) and Steven
asks what role the aforementioned Materna IPS' acquisition will play and whether SITA
is looking to link up with other leading universities in the
region to trial innovative solutions that could eventually
transform the overall travel experience.
Sumesh tells us more about the results from the
most recent Baggage IT Insights report and explains why he
believes the Asia Pacific region is so far ahead of other regions
around the world and what challenges SITA faces in reducing the
rates further.
We also discuss biometrics and self-service
technology, with Sumesh sharing his thoughts on how far such
technology can go and whether there is still a need or want for a
genuine smile and human touch in travel any longer. All that and
much, much more in the video and podcast below.
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