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 / Updated  / Source: Reuters
By Reuters

IBM on Tuesday said it signed a $300 million, 10-year technology services agreement with Dubai’s Emirates Airline.

IBM will provide information technology services, allowing the airline to improve efficiency on its passenger support systems and functions, a statement from IBM said.

An Airbus A380 aircraft of Deutsche Lufthansa takes off over an Airbus A380 aircraft of Emirates near Berlin. REUTERS/Fabrizio BenschREUTERS

Under the managed services agreement, this will include assistance in encrypting the airline's data in near real-time and systems which allow different software components to communicate more effectively, the statement said.

In October 2015, IBM signed a $700 million deal with Abu Dhabi’s Etihad Airways for a range of IT services and infrastructure.

Emirates, the world’s fourth-largest carrier of international passengers reported a profit of $1.93 billion for the financial year to March 31, a jump of 56 percent over the year.