Tata Consultancy Services, a leading IT services and business solutions company, has renewed its managed services contract with Virgin Atlantic, one of the world's leading long haul airlines company.Under the renewed agreement, TCS will continue to manage Atlantic's global end to end IT systems, including a 24X7 service desk, infrastructure and application support services. TCS will also manage Virgin Atlantic's relationships with other third party IT vendors."Today airlines need to effectively exploit IT more than ever to be successful in a very competitive marketplace and thanks to our ongoing partnership with TCS, we have been the right partner," said MIke Cope, IT director, Virgin Atlantic."The renewal of our agreement with Virgin Atlantic is testament to our performance over the past three years," said AS Lakshminarayanan, vice-president and country manager, UK and Ireland, TCS.Travel and transportation sector contributed about 4 per cent of the $5.7 buillion revenues of TCS in FY08. TCS also had launched a dedicated Travel and Hospitality Innovation Lab in 2007.Virgin Atlantic files to 30 destinations from its base in London and has a fleet of 38 aircrafts.