RateGain Technologies, the market leader in business intelligence and distribution solutions for travel and hospitality, announced the launch of AirSight, the next generation solution for airlines, allowing them to gain complete access to comprehensive historical competitive intelligence for airlines. Historical data is essential for today’s airlines to easily identify demand trends and get insights that are vital for an effective go-to-market pricing strategy. Based on both real-time market trends and validated by historical market data, Airlines can now improve time to market and also take better decisions.
According to Apurva Chamaria, Chief Revenue Officer, RateGain, “Historical data serves as a key input for airlines, as it helps them draw valuable insights essential to make informed decisions and develop an effective revenue strategy for themselves. We work with world’s fastest growing airlines and they have shown keen interest in using historical data to drive more accuracy at every price point, and as airlines look at growing in new sectors, historical data on existing markets would help them drive efficiency allowing them to spend more time in developing new markets”.
aggregates and offers extensive data of airlines from across 19500+ airports and 1550+ websites, and presents them in a user-friendly, easy-to-understand format, thereby lending airline revenue managers a perfect view of the industry and its essential trends. Airlines will employ this data in ancillary price optimization, expected marginal seat revenue, fuel efficiency and most profitable routes. This data will also help them align their operations effectively.
Apurva also said, “At RateGain, our AIML data science and digital engineering teams are committed to pre-empt and solve every problem that hinders the growth of airlines across the world. RateGain’s ability to effectively handle big data and next-generation machine learning capabilities makes it easier for revenue managers to not worry about any technology and infrastructure issues at their end and only focus on building and executing the right pricing strategy.”
AirGain launched in 2017, is an innovative SaaS-basedproduct designed to enhance the revenue & operational efficiency of the fastest growing airlines in the world and is trusted by forward-looking airlines like Lufthansa, Singapore Airlines, Allegiant Air, Brussels Airlines, Bangkok Airways, Indigo and many more.