Singapore Airlines (SIA) has selected South Korean travel tech startup, NUUA as its first South Korean travel technology partner (aggregator). NUUA is the first Korean company and the seventh system provider in the world to acquire the Airline Retailing Maturity (ARM) index Certificate from IATA, and its NDC solution is one of the fastest in the market, moving 5-6 times faster than other providers. These achievements have resulted in SIA making NUUA its first South Korean travel tech partner.
The software suite can help travel agencies, and enterprises with travel management systems to save up to 80% in labour and operation costs. COO of NUUA, Kwak Jay has high hopes for traction in the region, “Singapore is the main center for the travel industry in Asia. We are confident that the infrastructure and system improvements we can bring to Singapore’s travel ecosystem that result in an improved travel experience with effective cost reductions will be an industry standard for the region to follow.
The Korea Tourism Startup Center (KTSC) has been working closely with NUUA leading up to the launch.
Jang Min Jun, Deputy Director of the Korea Tourism Organization (KTO) Singapore, who is in charge of KTSC says: “KTSC is proud to see the progress that NUUA has made in the last few months. We will continue to support and open the doors for NUUA to make new partnerships, and connections, and fulfill their potential to be a global powerhouse.”
NUUA was founded in 2012 in South Korea by Seo Deokjin, Kwak Jay, and Choi Ali.
The company’s mission is to empower travellers and travel businesses through cutting-edge AI and mobile technology.
NUUA facilitated the smooth transition from the Global Distribution System (GDS) platform created in the 1960s to manage airline-related inventory to the International Air Transport Association’s (IATA) New Distribution Capability (NDC) program introduced in 2015.
To mark its launch, NUUA is rolling out its NDC-based flight booking engine which can potentially bring the next era of competitive pricing for airline-related transactions to the region and the world. This direction aligns with IATA’s goal for all airline-related transactions to be run by NDC APIs by 2030.
Moving forward, NUUA is working with travel-based businesses in Singapore, and airline companies across the world to roll out its AI-based software suite which is scalable to company size and can integrate seamlessly with existing digital infrastructures.
Malaysian defense company, Deftech, displayed a range of unmanned aerial vehicles (UAVs) intheir booth during the DSA 2022 expo. The…
Airbus has performed a first A380 flight powered by 100% Sustainable Aviation Fuel (SAF). Airbus’ A380 test aircraft MSN 1…
Cargojet has entered into a five-year strategic agreement with DHL, with a renewal option for an additional two years, to…
The Icelandic airline Eagle Air and the German aircraft manufacturer Deutsche Aircraft have announced a renewal of their support contract…
Hindustan Aeronautics Limited (HAL) has signed an Memorandum of Understanding (MoU) with UPNM Malaysia for collaboration and training of faculty…
Meopta is displaying a wide range of military-grade optical gun sights, scopes, and night vision equipment at the Defense Services…
After signing a Memorandum of Understanding (MoU) with Malaysia’s G7 Aerospace at DSA 2022 event on Monday (Mar. 28), Infoglobal…
Insight Atlantic, a Malaysian defense equipment supplier, is displaying a range of made-in Germany, Lowa tactical footwear in its booth…
PAL Aerospace and Thales have signed an agreement to jointly develop the next generation of mission system during the DSA…
Airod Techno Power (ATP) signed a Memorandum of Understanding (MoU) with Honeywell International to provide Maintenance, Repair, and Overhaul (MRO)…
Advanced Defence Systems (ADS) has signed an MoU with Nexter on the third day of the DSA 2022 event, Wednesday…
In a public announcement released by the Malaysian Ministry of Defence (MINDEF) on Wednesday (Mar. 30), there have been 54…
Sikorsky and Boeing on Thursday announced six new members, including Magnaghi Aeronautica and Collins Aerospace, of Team DEFIANT. The suppliers…
MA Group will provide the fully integrated landing gear system for the DEFIANT X helicopter, consisting of the nose and…
After spending about US$7.4 million on the project, the Australian government has cancelled its Project Air 7003, a program that…
AerCap has signed lease agreements for ten new Airbus A320neo aircraft and two new Airbus A330neo aircraft with ITA Airways.…
A routine service test for an Emirates Airbus A380 aircraft on April 1 has ended with a surprising result. …
Malaysia-based DefTech and Iveco Defence Vehicles are joining hands to establish an authorised MRO centre for Iveco Defence Vehicles trucks…
General Atomics-Aeronautical Systems, Inc. (GA-ASI) has begun the first installation of factory upgrades to a Gray Eagle-Extended Range (GE-ER) Unmanned…
FL Technics has launched a dedicated business line for wheels and brakes maintenance and opened a specialized shop at the…
ScioTeq has launched RDU-4208 LAD, its new full redundant Large Area Display (LAD) that can be deployed in new cockpits…
Etihad Airways, on March 31st., 2022, unveiled its new Airbus A350-1000, registration A6-XWB, on a special inaugural commercial flight from…
RGA-Black Stone Airlines, a newcomer in the Indonesian aviation business, officially started its business in the country after having its…
SIA Engineering Company Limited (SIAEC) announced that it has signed a non-binding Memorandum of Understanding (MoU) with Impeccable Vintage Properties…
Honeywell has signed separate MOUs with Malaysian firms Airod Techno Power (ATP) and Galaxy Aerospace that will further strengthen the…
AirAsia has announced that it will resume international flights from India to Malaysia and Thailand. Flights are now available from…
Embraer and the Brazilian Army have inked a contract to develop and implement Phase Two of the Army's Strategic Program…
The Philippine Air Force (PAF) officially inducted two Turkish-made T129B ATAK attack helicopters and an Airbus Defense and Space C-295…
General Atomics Aeronautical Systems, Inc. (GA-ASI) has been selected to support the Japan Coast Guard's (JCG) RPAS Project. Operations will…
The Royal Thai Navy (RTN) S26T submarine acquisition project from China is at risk of cancellation due to Germany’s refusal…
Headquartered in Singapore with reporters spread across all major regions, GBP Aerospace & Defence is a leading media house that publishes three publications that serve the aerospace and defence sector - Asian Defence Technology, Asian Airlines & Aerospace and Daily News. Known industry-wide for quality journalism, GBP Aerospace & Defence is present at more international tradeshows and exhibitions than any other competing publication in the region.
For over three decades, our award-winning team of reporters has been producing top-notch content to help readers stay abreast of the latest developements in the field of commercial aviation, MRO, defence, and Space.
Copyright 2023. GBP. All Rights Reserved.
Home Defence & Security Space Commercial Aviation Maintence Repair & Overhaul Daily News Events About Us
2024 GBP all rights reserved.