Akasa Air selects RateGain to make travel affordable with dynamic pricing

RateGain Travel Technologies (RateGain), a global provider of Software as a Service (SaaS) solutions for the travel and hospitality industry, announced today that Akasa Air, India’s newest airline, has chosen RateGain’s AirGain product to enhance affordability for its customers through the utilization of precise and up-to-the-minute airfare data.

Akasa Air is committed to providing travelers with a customer-centric flying experience at the most budget-friendly rates. By selecting AirGain, Akasa Air gains access to real-time air travel data and the flexibility to respond swiftly to market fluctuations, allowing them to optimize airfares on-the-fly and offer the most competitive fares to their passengers.

Praveen Iyer, Co-Founder and Chief Commercial Officer of Akasa Air, commented on this partnership, stating, “At Akasa Air, we are developing tech-enabled strategies and establishing a data-driven organization that will assist us in offering our customers the most economical airfares while delivering a passenger-focused flying experience. AirGain’s agile solution, which provides real-time air travel information across various channels, will enable us to dynamically adjust fares, furthering our mission to make air travel accessible to everyone in India.”

Bhanu Chopra, Chairman and Managing Director of RateGain, expressed satisfaction with the partnership, saying, “As a new entrant in the airline industry, Akasa Air enters the market with a commitment to adopting cutting-edge technology. We are delighted that they have chosen AirGain to support their growth journey. As Akasa continues to expand, our product, AirGain, will assist in maximizing their revenues by offering precise and real-time competitive intelligence. AirGain was selected for its data accuracy, efficient user interface, and the extensive support provided to Akasa by our dedicated teams, and we are dedicated to delivering on this promise.”

AirGain’s AI-powered platform empowers airline revenue and pricing teams with highly accurate and dependable market insights, enabling them to develop competitive pricing strategies. Featuring a user-friendly interface that facilitates quick decision-making, AirGain alerts airlines to market changes in real-time. Moreover, it provides real-time competitor insights across multiple channels to minimize pricing disparities and revenue losses.