India's newest low-cost airline Akasa Air will use accurate and real-time airfare data to make air travel affordable for its customers. It will use RateGain's AI-powered platform to allow access and agility to act upon changing market dynamics and optimise airfares in real-time. Akasa Air was backed by the stock market investor Rakesh Jhunjhunwala.
We are developing tech-enabled strategies and building a data-driven organization that will help us in providing our customers the most affordable fares along with a customer centric flying experience. Praveen Iyer, co-founder and Chief Commercial Officer, Akasa Air said that AirGain's nimble solution will help us get real-time air travel information across channels, as well as a dynamic allocation of fares.
This is an AI-powered platform from RateGain, a global SaaS solutions provider for travel and hospitality. The solution provides airline revenue and pricing teams with the most accurate and reliable market insights to build a competitive pricing strategy. The user interface for decision-making is easy to use and the company has developed an easy-to-use user interface.
AirGain allows the airlines to be notified whenever there is a change in the market. The intelligence provides the user with real-time competitor insights across channels to reduce disparity and revenue losses.
A new airline like Akasa Air comes to the market with the mindset to adopt the latest technology, and we are delighted that the team chose AirGain to power their growth journey. As Akasa grows, our product AirGain will help in maximizing revenues by providing real-time competitive intelligence. AirGain was selected based on data accuracy and delivery, easy-to-use UI, and the extensive support available to Akasa through our dedicated teams and we are committed to delivering on this promise, says Bhanu Chopra, Chairman and Managing Director of RateGain.
Details can be found in the details section.