Mexico City,10 June, 2019: RateGain Technologies, the #1 SaaS company in providing cognitive revenue management and distributions solutions for travel and hospitality, today announced that Volaris, first domestic airline in Mexico, has selected RateGain for its advanced, real-time airfare price intelligence solution, AirGain. The next-gen airfare price intelligence solution would offer vital pricing insights and data, along with detailed comp-set insights that would enable the airline to take effective pricing decisions and come up with a robust revenue strategy.
Commenting on the partnership, Mr Apurva Chamaria, Chief Revenue Officer, RateGain, says, “Volaris is a leading ultra-low-cost airline and has grown really fast to capture 34% of the market share. The revenue management team at Volaris is really focussed in driving growth and needs faster access to accurate real-time intelligence to help them achieve their goals. AirGain, will help them grow by providing the real-time rates visible to Volaris’ customers through on-demand reports as well as through customisable dashboards helping them improve their pricing strategy and responding to market changes faster . We look forward to helping them maximise revenue every day.”
According to Omar Carrera, Revenue Management director of Volaris, “Mexico is a price sensitive market and our mission at Volaris is to continuously deliver the best experiences at the lowest possible costs to all the travellers. This makes it critical for us to continuously monitor any market movement and get real-time accurate competitive pricing data to stay ahead of our competition. We evaluated all leading players and finally selected AirGain as it delivers on all of the above parameters and ensures that the data is not cached or delivered from APIs ensuring that we get pricing intelligence that we can trust and make better decisions.”
AirGain is the world’s fastest growing SaaS based airfare pricing intelligence solution used by the world’s fastest-growing airlines designed to help sales, revenue management and marketing teams in the airlines industry to maximise revenue every day.
RateGain Media Contact:
- Aditi Bhandari, Senior Manager Marketing | aditi.bhandari@rategain.it | +91-9560833220
About Volaris:
Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (“Volaris” or the “Company”) (NYSE: VLRS and BMV: VOLAR), is an ultra-low-cost carrier (ULCC), with point-to-point operations, serving Mexico, the United States and Central America. Volaris offers low base fares to build its market, providing quality service and extensive customer choice. Volaris targets passengers who are visiting friends and relatives, cost-conscious businesspeople and leisure travelers in Mexico and to select destinations in the United States and Central America. Volaris has received the ESR Award for Social Corporate Responsibility for ten consecutive years. For more information, please visit: www.volaris.com
About RateGain:
RateGain is the #1 provider of SaaS products, which help travel, and hospitality companies make more revenue every day. RateGain offers products, which help with rate intelligence, cognitive revenue management, smart e-distribution, and brand engagement. RateGain is proud to support 500,000+ hotel properties globally influencing 13 Bn $ revenue by providing 240 billion rate and availability updates & powering over 30 Million bookings. RateGain is trusted by 25 out of the top 30 OTAs, tour operators and wholesalers, 23 of the top 30 hotel chains, 7 out of the top 10 car rental companies, top 5 cruise lines, and many leading airlines worldwide. In 2018, RateGain acquired DHISCO, which made it the only company in the world to offer end-to-end smart distribution. For more information, visit www.rategain.it
Forward-looking Statements:
Certain statements in this release are forward-looking statements, which involve some risks, uncertainties, assumptions and other factors that could cause actual results to differ materially from those in such forward-looking statements. All statements, other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to the statements containing the words ‘planned,’ ‘expects,’ ‘believes,’’ strategy,’ ‘opportunity,’ ‘anticipates,’ ‘hopes’ or other similar words. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding impact of pending regulatory proceedings, fluctuations in earnings, our ability to manage growth, intense competition in IT services, data services and consulting services including those factors which may affect our cost advantage, wage increases in India, customer acceptance of our services, products and fee structures, our ability to attract and retain highly skilled professionals, our ability to integrate acquired assets in a cost-effective and timely manner, time and cost overruns on fixed-price, fixed-timeframe contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, the success of our brand development efforts, liability for damages.
