RateGain Travel Technologies Limited (RateGain), a global provider of SaaS solutions for travel and hospitality, today announced its partnership with Best Airlines Rep, a prominent General Sales Agent (GSA) renowned for its comprehensive representation of airline sales and marketing in various territories.
This strategic alliance marks the introduction of RateGain's airline pricing solution, AirGain, enhancing the capabilities of Best Airlines Rep's airline partners by offering immediate access to pricing insights from over 200 sources. This includes data from websites, mobile apps, GDS, and more, ensuring quick and up-to-the-minute information.
Best Airlines Rep, which has a significant presence in Europe and Africa, offers airlines a wide range of services, from sales and marketing to comprehensive back-office support, emphasizing cost efficiency and strategic market positioning. They have recently partnered with InterGSA and Enlloy Aviation, and, together with Best Airlines Rep Marketing, have founded a new global GSA named Best Airlines Rep, representing even larger portfolios of airlines.
The recent incorporation of AirGain's technology streamlines their operations, granting automated market insights and real-time pricing data, enhancing service quality for partner airlines. This not only keeps Best Airlines Rep on top of market trends but also empowers them to lead, boosting the competitiveness and profitability of the airlines they represent.
Natalia Zaragoza, Managing Director, at Best Airlines Rep, shared her vision regarding the partnership, "Aligning with AirGain represents our commitment to innovation and excellence. The real-time, data-driven insights provided by AirGain will enhance our operational efficiency and service delivery. This is not just an upgrade in our working system; it's about setting new industry standards."
The benefits of this partnership extend beyond conventional boundaries. It's not only about having access to real-time data; it's also about the actionable intelligence that airlines that we currently manage can leverage. The ability to monitor dynamic price fluctuations, configure alerts based on specific parameters and receive timely reports directly translates into informed decision-making. This strategic move positions the airlines represented by Best Airlines Rep at the forefront, giving them the ability to respond to market changes proactively.
Vinay Varma, Senior Vice President and General Manager at AirGain expressed his enthusiasm: " This partnership with Best Airlines Rep is a testament to our shared vision of transforming the aviation industry through technological empowerment. We are excited to see how our collaborative efforts will redefine the future of airline pricing and distribution. The AirGain solution now has the capability to provide Market-Wise point-of-sale comparative fares, which are essential for GSAs like FT. By empowering GSAs like FT, AirGain can aggregate localized pricing, which eventually helps the GSAs provide an accurate market position to the central airline revenue management teams."
In the realm of airline sales and marketing, this partnership between Best Airlines Rep and AirGain is more than a merger of two entities; it is the convergence of innovation, intelligence, and foresight. The journey ahead promises a blend of opportunities, growth, and transformations that will reshape the industry's horizon.
Shares of Rategain Travel Technologies Limited was last trading in BSE at Rs. 660.70 as compared to the previous close of Rs. 652.40. The total number of shares traded during the day was 9694 in over 560 trades.
The stock hit an intraday high of Rs. 666.15 and intraday low of 651.55. The net turnover during the day was Rs. 6394530.00. |
