Malaysia Airlines selects RateGain for a multi-year partnership to get AI-powered rate intelligence

RateGain Travel Technologies Limited ("RateGain"), a global provider of SaaS solutions for the travel and hospitality industries, has announced today that it has been selected for a multi-year partnership by Malaysia Airlines Berhad ("Malaysia Airlines"), the national flag carrier of Malaysia. This strategic collaboration will see Malaysia Airlines leveraging RateGain's advanced AirGain platform to boost its competitive edge through superior pricing intelligence capabilities.

This partnership aims to elevate Malaysia Airlines' performance across its extensive network of domestic and international routes. Amid significant growth and competition in the aviation industry, the integration of the AirGain platform positions Malaysia Airlines to not only compete but also set market trends. By providing a real-time view into competitive pricing, AirGain offers a critical advantage for sustained growth and competitiveness on both regional and international stages. Malaysia Airlines will utilize AirGain's cutting-edge price intelligence solution to refine pricing strategies, optimize daily opportunities for expansion and enhance customer satisfaction.

Ahmad Luqman Mohd Azmi, Chief Executive Officer of Airlines at Malaysia Aviation Group, the parent company of Malaysia Airlines, commented, "In a dynamic marketplace, access to accurate and immediate market data is crucial. Our partnership with AirGain aligns perfectly with our strategic goals allowing us to make data-driven decisions that keep us at the forefront of the competitive aviation industry. This partnership empowers us to strengthen our position and continue to be the gateway to Asia and beyond.

Vinay Varma, Senior Vice President and General Manager at AirGain, remarked, "Our AirGain solution will allow Malaysia Airlines to set new benchmarks in the commercial aviation pricing domain. This collaboration not only signifies a leap toward advanced pricing intelligence but also underscores our commitment to enhancing the competitive dynamics of the airline industry. We look forward to a journey of shared success and innovation that will undoubtedly elevate the passenger experience to new heights."

In a competitive landscape, Malaysia Airlines is dedicated to consistently offering excellent services and competitiveness in value. As a Oneworld alliance member, Malaysia Airlines remains committed to delivering exceptional products and service while operating a modern, eco-friendly fleet.

AirGain's reputation for enhancing pricing strategies for large airlines across Asia makes it the ideal partner for Malaysia Airlines. AirGain's platform is a sophisticated, yet user-friendly SaaS solution designed specifically for commercial teams in airlines, enabling them to make quick and informed pricing decisions with its intuitive interface and accurate, real-time price intelligence. For more information about AirGain, visit https://airgain.ai.

Shares of Rategain Travel Technologies Limited was last trading in BSE at Rs. 784.80 as compared to the previous close of Rs. 797.40. The total number of shares traded during the day was 13978 in over 1305 trades.

The stock hit an intraday high of Rs. 809.20 and intraday low of 776.40. The net turnover during the day was Rs. 11078684.00.

Source : Equity Bulls

Keywords

RateGainTravelTechnologies INE0CLI01024 MultiYearPartnership MalaysiaAirlines