RateGain's AirGain Boosts Brightline Trains' Competitive Edge in US Rail Market

22 Mar 2024 , 09:07 AM

RateGain Travel Technologies Ltd experienced a 4% surge in its shares on Thursday, March 21, following the announcement of the selection of its product AirGain by Brightline Trains for advanced rail and airline pricing intelligence in the United States market.

At the time of writing, the shares were trading 3.70% higher. AirGain, a product of RateGain Travel Technologies, specializes in AI-driven revenue management solutions catering to airlines, trains, and online travel agencies (OTAs). It provides real-time price intelligence and rate parity solutions.

The collaboration between RateGain and Brightline empowers the latter to access precise and up-to-the-minute competitive pricing data, thereby strengthening its position within the US rail industry.

Brightline, established with the goal of transforming rail travel in the United States, connects prominent cities in Florida through high-speed rail services. It offers amenities such as premium seating, onboard dining, and streamlined ticketing procedures.

By partnering with AirGain, Brightline aims to offer the most competitive fares across different service tiers, ensuring its continued dominance in the market. AirGain enables Brightline to monitor crucial airline and rail rates for its major US routes, ensuring it maintains a leading edge in fare competitiveness.

Travis Christ, Chief Commercial Officer at Brightline, emphasized the goal of becoming the top choice for rail travelers by offering outstanding services at competitive prices. AirGain’s intuitive interface, reliable data, and excellent customer service support Brightline’s teams in making strategic decisions to remain competitive in the US rail market.

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