Air India, the flagship carrier of India owned by India’s largest conglomerate the Tata Group, has chosen RateGain’s – AirGain product to dynamically adjust prices with real-time, accurate, and high-quality airfare data in order to compete globally with leading airlines, according to RateGain Travel Technologies Limited.
As a flagship carrier, Air India connects to around 90 destinations in over 30 countries across Asia, Europe, the United States, Canada, and Australia, operating one of the world’s largest domestic and international networks. It operates about 500 daily flights with a fleet of 113 aircraft.
As fuel prices and inflation continue to rise, travelers are becoming more cost-conscious and looking for the best tickets. This cost pressure, combined with traveler preferences, is creating a demand for pricing data that will enable Air India to precisely analyze market trends, monitor competitive strategies, and determine the optimal price every time.
Through its scalable and intuitive analytical capabilities, AirGain provides actionable information to quickly react to market price changes and stay ahead of the competition. Airlines obtain competitive intelligence by evaluating real-time market data. Furthermore, AirGain’s ability to track past trends and fare changes on the most profitable routes enables Revenue and Commercial teams to keep on top of every market development.
“Air India is focused on becoming one of the most competitive airlines in the world,” stated Aruna Gopalakrishnan, Executive Director Corporate Affairs. RateGain is well-known for assisting the world’s leading travel companies, and it is expected to play a part in making Air India the preferred option of passenger.”
“On the occasion of India’s 75th year of independence, India’s first global brand, Air India, is reinventing itself, just like the rest of India, to compete with the finest in the world,” stated Bhanu Chopra, Founder, and Chairman of RateGain. RateGain is proud to be connected with such a recognizable brand. AirGain exemplifies the shift that the airline industry and its pricing teams are making to combat global volatility, and we are confident that our insights can assist Air India in doing the same.”
AirGain is an innovative SaaS-based ticket pricing intelligence platform developed to increase airline revenue and operational efficiency. It provides crucial pricing insights and real-time competition intelligence data, allowing airlines to develop a strong revenue strategy with the latest market insights.
