FINANCIAL NEWS

Etihad Airways signs USD700m services deal with IBM

14 Oct 2015

(MENAFN) Abu Dhabi’s Etihad Airways said it has signed a 10-year technology services agreement worth approximately USD700 million with IBM aimed at improving efficiency.

The deal will provide Etihad, one of the world’s fastest growing airlines, with access to the latest cloud-based technologies and services, a joint statement by the two firms said.

It includes plans for a new cloud data center in Abu Dhabi. Developed and operated by IBM, it will be one of the most sophisticated technology facilities in the Middle East, the statement said.

“IBM and Etihad Airways will create a joint technology and innovation council in Abu Dhabi to develop more personalized travel solutions using IBM’s global research capabilities and the airline’s industry expertise,” it said.

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