GuestLogix (TSX:GXI, Stock Forum) renewed its long-standing relationship with Southwest Airlines with today's announcement that the company had signed a multi-year extension for the continued fleet-wide use of its onboard retail technology platform.
According to the news release, the deal also included the continued use of the company's handheld POS devices, back-office solution and warehouse module as well as the deployment of the company's Ancillary Insights™ Platform.
Company president and CEO, Brett Proud, commented, “GuestLogix is committed to providing innovative technology and quality service, so that we can best serve our customers and the industry. We are thrilled that Southwest, one of the industry's most respected airlines, has chosen to continue our relationship and we will remain focused on supporting their onboard retailing initiatives as they continue to evolve.”
Craig Hicks, Southwest Director of Technology, added, “At Southwest, we are dedicated to providing the highest level of Customer Service, and, over the past five years, GuestLogix has helped our Crews work more efficiently and effectively onboard, so they can focus on the Customer.”
EVP Global Sales, GuestLogix, Ilia Kostov, concluded, “After performing its due diligence, Southwest has chosen to renew its services with GuestLogix, and we look forward to supporting the airline in reaching its goals long into the future.”
GuestLogix was in the news recently when the company announced a collaboration agreement with the UK's Technology Strategy Board in the middle of June.
Shares rose 2.43% on the news to $1.31 per share.
Currently there are 91.8m outstanding shares with a market cap of $120.2 million.