IntelliFares(TM) and Mexicana Enter Development Pact
22 5월 2007 - 7:27AM
PR Newswire (US)
MORRISTOWN, N.J., May 21 /PRNewswire-FirstCall/ -- Crystal
International Travel Group, Inc. (OTC:CINT) (BULLETIN BOARD: CINT)
CEO Fabrizzio P. Busso-Campana announced today the company has
entered a thirty-day exclusivity period with Mexicana Airlines to
finalize terms of a partnership program with Crystal's IntelliFares
service. Mr. Busso-Campana explained "although it is too early to
tip our hand, we are working together to provide the best long term
value for our customers, combining the advance planning features of
IntelliFares with the highest quality air service from the US west
coast to Mexico that Mexicana has to offer." Jorge Goytortua,
Regional Vice President of the airline added "we have no doubt that
our partnership on this program will be one of mutual success and
growth." Both company spokesmen indicated their belief that a
combination of preferred pricing and the airline's distribution
footprint would provide the accessibility and value Predictable
Pattern Travelers are looking for. They intend to make details of
the partnership program available by mid to late June. About
IntelliFares(TM) IntelliFares is a unique, travel product where
Predictable Pattern Travelers (Timeshare and vacation homeowners,
frequent cruisers, college students) can purchase "five years of
travel at less than today's price." The patent pending process
integrates forward and bulk purchasing disciplines with financial
management methodology in partnership with UBS in order to lock in
a ticket air price for the consumer over a five-year time period.
It also provides a revenue share for distributors, reversing the
decline in commissions available to the airline ticket distribution
community. Details can be found at http://www.intellifares.com/.
About Mexicana de Aviacion Mexicana de Aviacion began its
operations more than 85 years ago and it is therefore the airline
with the fourth longest tradition in the world. Currently, it is
the airline with the most extensive international coverage from
Mexico and the leading transportation company between Mexico and
the United States. From its operation hub in Mexico City
International Airport, Mexicana flies to around 50 destinations in
North, Central, and South America and the Caribbean. Its code share
agreements with leading international airlines, represents a great
benefit for its passengers with the accumulation and redemption of
miles, access to its executive lounges, a range of connection
possibilities and coordinated schedules with an extensive route
network that covers a large portion of the world. Having the most
modern fleet in the world has allowed it to maintain one of the
highest on time performance levels, and enabled it to reach the
highest utilization rate of its Airbus fleet, with an average daily
operation of 12:52 hours. Mexicana has the best maintenance base in
Latin America. And for the second consecutive time its been
recognized with the World Travel Awards 2006 as the best Business
Class in Mexico and Latin America, in addition to receiving the
award as the leading airline for ninth consecutive years in the
same region. On July 1st, 2005, Mexicana launched its low-cost
airline, Click Mexicana, which offers the most competitive fares.
Click serves 23 domestic routes and its fleet is comprised of 14
Fokker 100 aircraft with state-of-the-art equipment with the most
advanced technology available in the industry. For more information
visit: http://www.mexicana.com/ and http://www.clickmx.com/ Safe
Harbor Statement This press release contains forward-looking
statements, which are made pursuant to the Safe-Harbor provisions
of the Private Securities Litigation Reform Act of 1995. These
forward-looking statements reflect the views of Crystal
International Travel Group, Inc. s (the "Company") management
regarding current expectations and projections pertaining to future
events and are based on currently available information. The
statements involve a number of risks and uncertainties, including
the Company's ability to generate sufficient sales for
IntelliFares, the completion of its negotiations and product
offering development with Mexicana and other factors described in
the Company's respective filings with the Securities and Exchange
Commission. Other unknown or unpredictable factors also may have
material adverse effects on Crystal's business, financial
conditions and results of operations. Accordingly, readers should
not place undue reliance on these forward-looking statements. The
use of words such as anticipates, estimates, expects, is in
process, intends, plans and believes, among others, generally
identify forward-looking statements; however, these words are not
the exclusive means of identifying such statements. In addition,
any statements that refer to expectations, projections or other
characterizations of future events or circumstances are
forward-looking statements and are inherently subject to
uncertainties, risks and changes in circumstances that are
difficult to predict. The Company is not under any obligation and
does not intend to publicly update or review any of these
forward-looking statements, whether as a result of new information,
future events or otherwise, even if experience or future events
make it clear that any expected results expressed or implied by
those forward-looking statements will not be realized. DATASOURCE:
Crystal International Travel Group, Inc. CONTACT: Fabrizzio P.
Busso-Campana, Crystal International Travel Group, Inc.k,
+1-973-644-0900, Fax: +1-908-349-3043,
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