Home > How AERTiCKET improved its hedging with Currency Management Automation

AERTiCKET is one of the largest independent airline wholesalers in Europe. Their primary business is the brokerage of airline tickets to travel agencies, tour operators and Online Travel Agencies. Headquartered in Germany, they also have subsidiaries in the USA, France, Spain, UK, Poland, Austria, Switzerland and Turkey. AERTiCKET cooperates with many consolidators worldwide to offer airfares and availability from over 100 countries.

FX CHALLENGES

  • The significant risk due the increase in FX revenue from 2017/2018 because of growing internationalisation.
  • The need to lighten the heavy manual FX management workload that was overwhelming their team.
  • The changing and unpredictable nature of the firm’s hedging requirements.

 

BENEFITS

  • AERTiCKET implemented a micro-hedging program to handle frequent pricing updates and hedge their foreign currency sales in a more timely manner.
  • Kantox’s application programming interface (API) fully automated solution integration. 
  • Kantox Dynamic Hedging® streamlined the collection of AERTiCKET’s foreign currency exposure data while removing costs and operational risk. 

 

COMPANY STATS

Case Study

Case Study – Théa Pharma

With operations in 70 countries, the company manages FX risk centrally, as each subsidiary invoices customers in local currencies.

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