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Nok Air Partners with AirGain to Redefine Pricing Strategies



Posted On : 2025-02-20 15:08:28( TIMEZONE : IST )

Nok Air Partners with AirGain to Redefine Pricing Strategies

RateGain Travel Technologies Limited (RateGain), a global provider of AI-powered SaaS solutions for the travel and hospitality industry, today announced that Nok Air, a leading budget carrier in Thailand, has selected AirGain, RateGain's advanced pricing intelligence platform, to gain real-time competitive insights. This strategic collaboration highlights Nok Air's commitment to delivering affordable and seamless travel experiences across its expanding network in Thailand and Asia.

Nok Air, a well-known budget carrier in Thailand, operates a broad domestic network and international routes in India and China, connecting key cities and tourist destinations. Known for its distinctive branding and customer-first approach, the airline has earned a strong reputation among budget and value-conscious travelers. By addressing challenges such as rising competition, fluctuating demand, and shifting customer preferences, Nok Air continues to strengthen its presence in the region.

With AirGain, Nok Air will access real-time competitive pricing data from over 300 airlines and 50+ OTAs. This enables the airline to refine its pricing strategies, optimize promotions, and maintain leadership in the aviation market. By leveraging dynamic pricing and market trends, Nok Air aims to deliver exceptional value to its customers while ensuring sustainable growth.

Mr. Ranon Viputsiri, Chief Commercial Officer of Nok Air, said, "Staying competitive in today's fast-paced aviation industry requires innovative solutions and actionable insights. With AirGain's cutting-edge platform, Nok Air can optimize our pricing and promotions to better serve our passengers while achieving sustainable growth. This collaboration marks a significant step forward in our mission to make travel more accessible and enjoyable for everyone."

Vinay Varma, Senior Vice President and General Manager at AirGain, commented, "Partnering with Nok Air, a trailblazer in Thailand's aviation market, is an exciting opportunity for us. AirGain's AI-powered pricing intelligence will enable Nok Air to navigate market complexities, enhance pricing agility, and deliver exceptional value to passengers. We are proud to support their strategic goals and redefine budget-friendly travel in the region."

As Nok Air's network expands, AirGain's advanced analytics will help uncover new opportunities and respond to changing industry dynamics. This real-time adaptability allows the airline to meet diverse traveler needs, enhancing the overall travel experience and reinforcing its position as a trusted carrier.

Shares of Rategain Travel Technologies Limited was last trading in BSE at Rs. 499.65 as compared to the previous close of Rs. 491.10. The total number of shares traded during the day was 26424 in over 3112 trades.

The stock hit an intraday high of Rs. 504.30 and intraday low of 475.25. The net turnover during the day was Rs. 12935286.00.

Source : Equity Bulls

Keywords

RateGainTravelTechnologies INE0CLI01024 NokAir Partnership