SKY express selects AirGain to drive expansion in Europe with Real-time price intelligence

RateGain Travel Technologies Limited (RateGain), a global provider of SaaS solutions for travel and hospitality, announced today that SKY express has selected AirGain for accurate and realtime competitive pricing insights as it looks to expand it's footprint across Europe. The fastestgrowing airline in Greece and one of the most dynamic in Europe aims to continue to lead the development in the aviation sector locally and accelerate its international growth with accurate pricing insights that help in being more competitive in real-time.

SKY express today operates the largest network in Greece (34 destinations), while it covers throughout the year 8 international routes including London, Brussels, Rome, Paris, Milan, Munich, Sofia and Cyprus. The Greek airline has also brokered significant interline agreements with global airlines such as Air France, KLM, Qatar Airways, easy jet, Delta, Emirates, American Airlines, Air Transat, Condor, etc.

According to a recent report by Eurocontrol, a pan-European air traffic management company, the airline had the largest increase in flying operations across Europe in 2022. Specifically, SKY express showed an 162% increase in traffic this year compared to 2019 levels with 119 daily flights, which puts the company in the first place among all European airlines.

As airfares increase and airlines cut routes, SKY express wanted to offer the most competitive prices across all fare types. AirGain was able to provide the necessary data on all fare families, making it the preferred provider over other fare intelligence providers in the airline industry.

AirGain will help SKY express monitor critical OND routes 80% faster, allowing the airline to respond promptly to market shifts and deliver the most cost-effective service. Designed for revenue managers, AirGain will enable them to set accurate pricing and seize daily opportunities for growth.

Commenting on the partnership, Nikolaos Kampas, Revenue Management Supervisor, Sky Express said, "At SKY express, we work passionately every day and invest in the organization, our infrastructure, and our crew so that our company is the friendliest airline in Greece. With the presence at 34 Greek airports, on top of an ever-increasing network of international routes - reliable, scalable, and affordable market insight plays an important role. Therefore, partnering with RateGain was an obvious choice for us. The dedicated customer support, easy-to-use UI, and the accuracy of rates make it even easier for our commercial teams to use AirGain and make better decisions."

Vinay Varma, Senior Vice President and General Manager, AirGain added, "As airlines achieve pre-pandemic revenue targets despite cutting routes and raising fares, airlines must adopt a forward-looking approach to streamline demand criteria and competitive insights to build a new revenue strategy.

The team at SKY express saw AirGain as the right platform to solve today's challenges and capture tomorrow's market share. We are thrilled to partner with SKY express and expand our presence in the European region as we see great long-term potential in this region."

AirGain is an easy-to-use and responsive SaaS solution by RateGain, created for commercial teams in airlines to help them make faster and better pricing decisions through its intuitive UI and accurate, real-time price intelligence at any time of the day, any number of times. To learn more about AirGain, visit https://airgain.ai

Shares of Rategain Travel Technologies Limited was last trading in BSE at Rs. 349.90 as compared to the previous close of Rs. 361.10. The total number of shares traded during the day was 56370 in over 2492 trades.

The stock hit an intraday high of Rs. 358.70 and intraday low of 346.85. The net turnover during the day was Rs. 19824480.00.

Source : Equity Bulls

Keywords

RateGainTravelTechnologies INE0CLI01024 SKYExpress AirGain Realtime PricingInsights Europe