It seems that there are a lot of rats leaving a potentially sinking ship. Over the last 12 months we have seen Westjet, Jetblue and now Volaris all have announced their exit from Navitaire’s OpenSkies/NewSkies environment. So there is something going on here that we all need to understand. It is the change in distribution paradigm.
The slow painful lack of progress with the Air Canada reservations project known as
Polaris has come to a dead stop with AC writing off C$67 million. More importantly, the depth of the work left to do was an astonishing C$40 million. This clearly indicates that the project was no where near done. Even if you discount a large amount of money for implementation, there is a clear indication that this project had some significant hills to climb to reach an "implementable" solution. Sadly, ITA Software is left without its anchor customer for what is a significant amount of their future revenue expectation. And the big winner in all this?
