Hahnair selects RateGain to power pricing for over 350+ airlines globally

RateGain Travel Technologies Limited (RateGain), a global provider of SaaS solutions for travel and hospitality, today announced a partnership between its airline pricing solution, AirGain, and Hahnair, a renowned German airline known for its comprehensive ticketing solutions and distribution services. This collaboration is set to power Hahnair's airline distribution landscape by integrating AirGain's cutting-edge pricing intelligence technology with 100 Hahnair partners using the products H1-Air and X1-Air.

Hahnair, with 25 years of experience in the commercial aviation industry, offers indirect distribution services to over 350 partner airlines, enabling access to more than 100,000 travel agencies across 190 markets worldwide.

By leveraging AirGain's innovative technology, Hahnair aims to optimize revenue streams. AirGain's solution provides Hahnair with the ability to monitor dynamic pricing trends, set up customized alerts, and receive detailed reports, thereby facilitating informed decision-making and strategic positioning in the competitive aviation market.

This alliance underscores AirGain's and Hahnair's commitment to innovation and excellence within the airline industry. By combining Hahnair's distribution prowess with AirGain's technological capabilities, Hahnair's H1-Air and X1-Air partner airlines benefit from optimized revenue as well as, preferred access to corporate travel agencies, online travel agencies, and consolidators worldwide.

Alexander Proschka, Executive Vice President Commercial at Hahnair, expressed enthusiasm for the partnership, stating, "Collaborating with AirGain enables us to harness the power of real-time, data-driven insights to enhance our service delivery. This partnership is not merely an upgrade; it's about pioneering new standards in the airline distribution ecosystem."

Vinay Varma, Senior Vice President and General Manager at AirGain, echoed this sentiment, "Our partnership with Hahnair marks a significant milestone in the evolution of airline distribution. By combining our advanced pricing intelligence with Hahnair's extensive network, we are setting a new benchmark for innovation and efficiency in the aviation sector. We look forward to the dynamic advancements and opportunities this partnership will bring to the forefront of airline operations."

Shares of Rategain Travel Technologies Limited was last trading in BSE at Rs. 811.30 as compared to the previous close of Rs. 814.30. The total number of shares traded during the day was 30813 in over 2135 trades.

The stock hit an intraday high of Rs. 836.00 and intraday low of 808.60. The net turnover during the day was Rs. 25156190.00.

Source : Equity Bulls

Keywords

RateGainTravelTechnologies INE0CLI01024 Hahnair AirGain