Kale Consultants of India has acquired UK's Zero Octa, a provider of airline revenue assurance, protection and audit services across the world. Zero Octa is headquartered in London, UK. The acquisition helps Kale strengthen its aviation-related businesses.
Kale Consultants said in a press release that the acquisition will extend Kale’s revenue management, protection and revenue integrity service capabilities and increase the company’s airline client base.
Zero Octa currently has locations in Europe, US and Asia Pacific, with delivery centers located in Mumbai and Goa in India. Star Alliance and other leading airlines such as Continental Airlines, South African Airways, Singapore Airlines and Air India have chosen Zero Octa for revenue management, protection and revenue integrity service space, Kale Consultants said.
Vipul Jain, Managing Director and CEO – Kale Consultants said that Zero Octa’s expertise in revenue recovery solutions delivers huge value to airline customers.
Kale’s revenue accounting and interline billing products are considered to be among the most modern systems for airlines today. Kale’s proration solution APEX® is one of the two IATA-selected and approved Neutral Fare Proration (NFP) engines. In addition to software, Kale also offers revenue accounting on an end-to-end outsourced basis - “platform based BPO”; an innovation that won Kale the NASSCOM IT Innovation award.
Kale has over 40 customers for its range of revenue management products and solutions including the SkyTeam, Qatar Airways, bmi, Malaysian Airlines, Saudia and Air India amongst others.
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