RateGain Travel Technologies Limited (RateGain), a global provider of SaaS solutions for travel and hospitality, announced today that Air Senegal, the national carrier of the Republic of Senegal, has selected RateGain's AirGain product to accelerate its growth in a dynamic market by getting access to accurate and real time market insights every day.
Air Senegal today is West Africa's leading airline carrier, expanded its domestic and international route network after launching in 2018 and later expanded into the long-haul sector with flights to Europe and the US.
The African aviation market is looking to adopt new technologies to compete better with global players as well as give the best deal to the customers. To facilitate better adoption of air travel, thirty-four countries, accounting for 80% of the continent's aviation activity, have signed up for the Single African Air Transport Market, a 2018 open-skies initiative of the African Union.
Using AirGain Air Senegal will be able to track movements on all the important OND routes 80% faster to stay on top of market changes and give the most competitive offer to its customers. Designed to help revenue managers adapt to the post-pandemic world by offering critical market insights and competitive intelligence in an easy-to-consume and quick-to-understand UI allowing revenue teams across the world to make the right pricing decisions and unlock new revenue opportunities every day.
Commenting on the partnership, Alioune Badara Fall, Chief Executive Officer, Air Senegal said, "The growth of African airlines will depend on access to reliable, scalable and affordable market insights, and AirGain is playing a critical role in providing the same. Dedicated customer support, easy-to-use UI and the accuracy of rates makes it really easy for our commercial teams to use AirGain and take better decisions."
Vinay Varma, Senior Vice President and General Manager, AirGain added, "We are thrilled to partner with Air Senegal, and expand our presence in the growing African market. We believe that there is immense potential in the African market to adopt technologies that help airlines sustain growth over the long term. The team at Air Senegal saw AirGain as the right platform to solve their challenges of today, to capture market share tomorrow and we hope to provide them with the required support to achieve their goals."
Shares of Rategain Travel Technologies Limited was last trading in BSE at Rs. 300.05 as compared to the previous close of Rs. 302.05. The total number of shares traded during the day was 4014 in over 336 trades.
The stock hit an intraday high of Rs. 304.05 and intraday low of 299.00. The net turnover during the day was Rs. 1206372.00.