RateGain Travel Technologies Limited (RateGain), a global provider of SaaS solutions for travel and hospitality, announced that VOEPASS Linhas Aéreas(VOEPASS), Brazil's leading regional airline, has chosen to partner with AirGain. AirGain provides revenue management solutions for both airlines and online travel agencies, including real-time price intelligence and rate parity solutions, among others. This partnership will provide VOEPASS with accurate and real-time competitive pricing insights as it seeks to expand its market share in the regional airline market.
VOEPASS, previously known as Passaredo Linhas Aéreas, is a regional airline based in Ribeirão Preto, São Paulo, Brazil. Since its inception in 1995, the airline has provided domestic flight services throughout Brazil utilizing ATR aircraft equipped with economy seating. The airline also strives to ensure a comfortable flying experience for its customers by offering in-flight meals, beverages, and entertainment.
As Brazil's airline market becomes increasingly competitive with more than 10 airlines, VOEPASS recognizes the importance of providing customers with the best prices. That's why the airline has partnered with AirGain, a leading provider of fare intelligence solutions in the airline industry. With this collaboration, VOEPASS aims to offer the most competitive prices across all fare types and stay ahead of the game.
With the use of AirGain, VOEPASS will be able to monitor the key Origin-and-Destination (OND) routes at an 80% faster pace, allowing them to stay abreast of market shifts and provide customers with the most competitive offers.
AirGain's technology, designed specifically for revenue managers, will empower VOEPASS to establish precise pricing and capitalize on daily opportunities for growth. As competition intensifies, VOEPASS is determined to maintain its competitive advantage by providing its customers with the most competitive prices and services.
Commenting on the partnership, Adriano Pinhas, CRO of VOEPASS said, "As our airline is growing and expanding its markets, the need for reliable and scalable market insight becomes even more crucial. That's why partnering with RateGain was a great choice for our airline. With AirGain's dedicated customer support, easy-to-use UI, and an accurate rate data, our revenue and strategic teams can make informed decisions and stay ahead of our competitors. Our airline is committed to becoming the preferred and best choice for regional travelers in Brazil and an appropriate pricing is fundamental to grow in the regional market."
Vinay Varma, Senior Vice President and General Manager, AirGain added, "The LATAM market is one of the fastest growing markets in terms of capacity addition after the pandemic, and while increased capacity is good for the industry, it also means increased competitiveness and that is where AirGain's rate intelligence capabilities are able to help airlines in the region with the most accurate and fresh rates to take better decisions, as compared to their incumbent systems. We are delighted that over the last one year, leading regional airlines have selected AirGain to compete in a resurgent travel market as consumers look at the best deals across metasearch, OTAs, and brand websites to plan their travel.
AirGain is an easy-to-use and responsive SaaS solution by RateGain, created for commercial teams in airlines to help them make faster and better pricing decisions through its intuitive UI and accurate, real-time price intelligence at any time of the day, any number of times.
Shares of Rategain Travel Technologies Limited was last trading in BSE at Rs. 354.25 as compared to the previous close of Rs. 352.75. The total number of shares traded during the day was 5388 in over 363 trades.
The stock hit an intraday high of Rs. 357.20 and intraday low of 349.40. The net turnover during the day was Rs. 1899840.00.