November 11, 2019, Dubai : RateGain, the #1 SaaS company for travel and hospitality, today announced that it had been selected by flyadeal, the low cost carrier owned by Saudia Arabian Airlines Corporation, for its advanced, real-time airfare price intelligence solution, AirGain.

As flyadeal looks to expand its operations beyond Saudi Arabia, the airline is looking to further extend it’s revenue management insight which will help it stay abreast of the competition and gain market share. AirGain’s on-demand airfare intelligence will help flyadeal position for growth.

Commenting on the partnership, Mr. Apurva Chamaria, Chief Revenue Officer, RateGain, said, “As the Kingdom of Saudi Arabia opens doors to more countries and businesses, flyadeal will play a critical role in catering to the needs of these new guests and travellers. We at RateGain are extremely excited to be part of this journey with flyadeal and look forward to helping the revenue management team with the analysis and insights to make smarter and faster business decisions. We are honoured by the trust placed in us and look forward to contributing as a strategic partner in their growth story.”

Mr. Sudeep Ghai, Chief Customer and Commercial Officer of flyadeal added: “The team at flyadeal put insight at the centre of our connection to customers. As a new and modern airline, we sell most of our tickets online, and it is therefore important for us to understand the fares on offer to our customers through the digital medium. AirGain gives us the flexibility to understand our current market and prepare for growth.”

AirGain is an innovative SaaS-based airfare pricing intelligence tool designed to improve and enhance the revenue and operational efficiency of the airline industry. The partnership with flyadeal is a demonstration of AirGain’s success in inventing superior technology solutions to aid the growth of the airline industry.

About flyadeal:

flyadeal is a Saudi low-cost airline based at King Abdulaziz International Airport in Jeddah. It is owned by Saudi Arabian Airlines Corporation. The airline began operation on 23 September 2017 and now serves 8 domestic destinations with 11 A320 CEOs. For more information, visit flyadeal’s website at www.flyadeal.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 distribution, and brand engagement. RateGain is proud to support 125,000+ 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 out 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 frictionless distribution. In June 2019, RateGain acquired award-winning BCV to offer guest experience cloud to maximize guest lifetime value for hospitality chains.
For more information, visit www.rategain.com

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.

For further details, please contact:

Ankit Chaturvedi
AVP Marketing -RateGain
ankit.chaturvedi@rategain.com
+91 9654502760