Jazeera Airways sees 80% growth in Annual Contract Value with RateGain

RateGain Travel Technologies Limited (RateGain), a leading provider of AI-powered SaaS solutions for travel and hospitality shared insights on how AirGain significantly enhanced Jazeera Airways' revenue management and operational efficiency. As a leading Kuwaiti budget airline operating across the Middle East, South Asia, and Europe, Jazeera Airways is known for delivering top-tier service at competitive prices. With AirGain's innovative technology, the airline continues to ensure a superior travel experience while maintaining a competitive edge in these regions.

Operating in the highly competitive markets of Oman, Qatar, and the UAE, Jazeera Airways faced pricing challenges from other low-cost carriers. By partnering with AirGain, the airline strengthened profitability through real-time pricing strategies, dynamic fare adjustments, and accurate demand forecasting, ensuring a competitive edge.

The impact of this collaboration has been impressive:

- Rapid onboarding process, completed in under two weeks.

- 98% data sufficiency rate quarter-over-quarter, ensuring comprehensive data for decisionmaking.

- 100% issue resolution rate through a defined Service Level Agreement (SLA).

Commenting on the partnership, Nilesh Ayare, Revenue Manager & Network Specialist, Jazeera Airways, said, "AirGain has been an invaluable partner since day one, contributing immensely to our success. Their data-driven approach and advanced technology help us stay ahead of competitors and maximize revenue potential in the ever-changing aviation industry. As we continue to expand our operations and pursue new growth opportunities, we look forward to continuing our partnership with AirGain to achieve our strategic goals and deliver excellent value to our customers."

Shares of Rategain Travel Technologies Limited was last trading in BSE at Rs. 734.45 as compared to the previous close of Rs. 721.85. The total number of shares traded during the day was 14419 in over 842 trades.

The stock hit an intraday high of Rs. 738.00 and intraday low of 719.55. The net turnover during the day was Rs. 10515148.00.

Source : Equity Bulls

Keywords

RateGainTravelTechnologies INE0CLI01024 AnnualContractValue JazeeraAirways