RateGain's AirGain software to be used by Jazeera Airways; stock soars ~2%

6 Sep 2022 , 11:03 AM

RateGain Travel Technologies Limited (RateGain), a global provider of SaaS solutions for travel and hospitality, announced that Jazeera Airlines, Kuwait’s second-largest and leading low-cost carrier, has chosen RateGain’s AirGain product to dynamically adjust prices using accurate, real-time, and high-quality airfare data.

Jazeera, one of the most prominent Middle Eastern airlines, maintains an extensive network of routes linking its destinations in the Middle East and beyond.

Jazeera Airways now operates a dependable fleet of Airbus A320 aircraft to 49 destinations. Its commitment to exceptional service and customised flights has made it a popular alternative for individuals seeking trouble-free travel.

AirGain was created specifically to assist revenue managers in adapting to the post-pandemic world by providing critical market insights and competitive intelligence in an easy-to-consume and quick-to-understand UI, allowing revenue teams worldwide to make the right pricing decisions and unlock new revenue opportunities every day.

AirGain is an innovative SaaS-based ticket pricing intelligence platform developed to increase airline revenue and operational efficiency.

At around 11.05 AM, Rategain Travel was trading at Rs292.35 up by 1.72% from its previous closing of Rs287.40 on the BSE. The scrip opened at Rs290 and touched intraday high and low of Rs305.95 and Rs290 respectively.

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