![]() ![]() FlightsLogic gives travel solutions and mobile applications for the travel and leisure industry.įlightsLogic offers, Abacus software solutions, GDS (global distribution system), Abacus Reservation System and Abacus API integration enable the travel agencies to get pleasure from increased productivity and efficiency for the aim of meeting the business desires.Ībacus serves over 100,000 and travel agents across the Asia-Pacific region’s 59 markets and has each global and uniquely native relationships with airlines. It is a solution that makes the creation, maintenance, and distribution of net fares information to various point-of-sale (POS) locations, a booking system that facilitates customers with varied airline choices from airline content aggregators. Being the leading travel technology company around the world, FlightsLogic ensures the most effective services and therefore the best software for your company. We are continually looking for your safety, money, and time. Our consultants at FlightsLogic will assist you to get customized travel solutions.Ĭlient satisfaction is a crucial part of the culture at FlightsLogic and that we aim at providing our customers and clients with the highest standard of services, within the world of travel and tours. We at FlightsLogic, also give a lot of information regarding all necessities that travel agencies need to know for their customers who want to visit the sure country.įlightsLogic is aware of each of our customers has unique travel necessities. This totally different attribute has helped us to broaden the distribution of travel content from many travel suppliers including several airline suppliers.įlightsLogic pre-integrated with Abacus GDS has helped us in widening the distribution of travel content from many travel suppliers together with airlines. It had been started in Asia and has the most effective services which will be relied upon. Abacus is that the largest Asia Pacific’s leading supplier of travel software, solutions, and services since 1988. In this way, travel agencies don’t have to be compelled to directly connect with totally different airlines and alternative finish suppliers. Global distribution system or GDS is nothing however a network operated by an organization to facilitate an automatic transaction between a third party and booking agents, leading to providing the end-user with travel-related services. The GDS collects and consolidates completely different travel knowledge from different sources, service suppliers and permits agents to reserve airplane seats. ![]() Abacus is one of the leading travel technology suppliers that have technological innovation for meeting the dynamic desires of the travel agents and travel suppliers.Ībacus is Asia Pacific’s largest Global Distribution System (GDS) and Computerised Reservations System (CRS) that gives airline reservations, pricing and ticketing, and alternative travel data. The SEC charged Goldman with fraud concerning ABACUS in April 2010, and Goldman settled the suit for $550 million in July 2010.FlightsLogic is the leading travel technology company that is fully integrated with all the GDS Systems, one of which is Abacus. Now, what's outrageous about the Deutsche Bank START investigation is not its possible allegations-it's the timing. ![]() The SEC claimed that Paulson was involved in the creation of the CDOs, but Goldman didn't inform the counterparties and those insuring the deal that Paulson had planned on shorting the mortgage bonds. ( Reuters has a great factbox of what went down with ABACUS here.) If this lawsuit sounds familiar, that's because it is essentially the same legal trouble that Goldman Sachs got into with the SEC over the ABACUS deal. According to financial regulatory sources, the bank launched one CDO transaction called "START" in which it allegedly allowed the hedge fund of US speculator John Paulson to choose junk mortgage securities against which he could speculate - without the other investors knowing about it. Meanwhile, the US Securities and Exchange Commission is also investigating Deutsche Bank, SPIEGEL reports. ![]() News of the SEC investigation was buried at the end of a Der Spiegel article about a series of lawsuits the German bank was facing : Account icon An icon in the shape of a person's head and shoulders. ![]()
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