Our business has been on a major growth path of late with our unique value proposition and business model. We charge no up-front costs for our retail platform, hardware, and software services. Instead, we earn a small fee per transaction in return for a commitment of a minimum number of transactions per month.
We have now partnered with world leader LSG Sky Chefs, bundling our solution with their in-flight catering and logistics services to provide a completely outsourced solution. It includes a retail platform, catering, logistics, and training; and, with Netgiro we also include the credit and debit card processing.
In just five months, Germanwings was able to turn a cost center into a profit center using our bundled services. Managed by LSG Sky Chefs, this approach is now driving quality, consistency and new opportunities for retail innovation enroute to the more than 30 destinations Germanwings serves.
Our team had the opportunity recently to discuss the Germanwings implementation at the Ancillary Revenue Airline Conference in Budapest, Hungary. GuestLogix was joined by LSG Sky Chefs and Netgiro to also compare the differences between North American and European onboard retail trends. You can see the team's slide presentation here.
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