IBM signs $300 million IT-deal with Emirates Airline

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Today IBM announced it had signed a ten-year $300 million contract for the provision of technology services to the Dubai airline Emirates.

IBM will provide services in the field of information technology, which will enable the airline to increase the effectiveness of their systems and ensure support functions.
As part of the service agreement, the company will also provide assistance in data encryption airlines in real time and optimize systems for the efficient interaction of various software components.

In October 2015, IBM signed a $700 million contract with the Abu Dhabi airline Etihad to provide services related to IT and infrastructure.

The Emirates is the world's fourth largest carrier of passengers of international flights, reported a profit of $1.93 billion for the fiscal year to 31 March, which is 56% more than the same period last year.

Is this an opportunity to buy IBM?
 

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