03 Jan, EOD - Indian

SENSEX 79223.11 (-0.90)

Nifty 50 24004.75 (-0.76)

Nifty Bank 50988.8 (-1.20)

Nifty IT 43726.55 (-1.41)

Nifty Midcap 100 57931.05 (-0.30)

Nifty Next 50 69192.45 (0.13)

Nifty Pharma 23263.5 (-1.23)

Nifty Smallcap 100 19033.7 (-0.24)

03 Jan, EOD - Global

NIKKEI 225 39894.54 (-0.96)

HANG SENG 19760.27 (0.70)

S&P 5997.25 (1.16)


Hot Pursuit News

You are Here : Home > News > Hot Pursuit News >

(28 Nov 2024, 10:43)

RateGain unit teams up with Vietjet Thailand

RateGain's advanced pricing intelligence platform, AirGain has been selected by Vietjet Thailand, a subsidiary of Vietjet Group to gain real-time competitive insights.


This strategic collaboration highlights Vietjet Thailand's commitment to delivering affordable and seamless travel experiences across its expanding network in Thailand and Asia.

Vietjet Thailand, a leading low-cost carrier, operates a strong regional network connecting major cities and popular destinations. Known for budget-friendly fares and efficient service, it continues to expand with a modern fleet. However, amid growing competition and evolving market conditions, the airline faces challenges in maintaining price leadership while managing fluctuating demand, rising costs, and shifting customer expectations.

Through its partnership with AirGain, Vietjet Thailand will access real-time competitive pricing data from over 300 airlines and more than 50 OTAs. This will enable the airline to refine its dynamic pricing strategies, enhance promotions, and stay competitive in a fast-evolving market.

By optimizing pricing models and tracking market trends, Vietjet aims to align fares with demand, offering better value to travelers while supporting sustainable growth and maintaining high service quality.

Pinyot, head of commercials for Vietjet Thailand, said, "In the competitive world of low-cost aviation, having real-time insights is vital for maintaining our edge. With AirGain’s platform, Vietjet Thailand can monitor market trends and optimize our pricing to offer the best value to our passengers. We are excited about this collaboration and the opportunities it brings to improve our service and extend our market reach."

Vinay Varma, senior vice president and general manager at AirGain, added, "We are delighted to partner with Vietjet Thailand, a dynamic low-cost carrier in the region. AirGain’s pricing intelligence will help Vietjet Thailand navigate competitive pressures, drive growth, and set new standards for affordability and service quality. We look forward to supporting their ongoing success and innovation in the airline industry."

RateGain Travel Technologies is a global provider of SaaS solutions for travel and hospitality. It is one of the world's largest processors of electronic transactions, price points, and travel intent data, helping revenue management, distribution, and marketing teams across hotels, airlines, meta-search companies, package providers, car rentals, travel management companies, cruises, and ferries drive better outcomes for their businesses.

RateGain Travel Technologies added 2.74% to Rs 843 after the company's consolidated net profit jumped 73.8% to Rs 52.21 crore on 18.12% rise in revenue from operations to Rs 277.26 crore in Q2 FY25 over Q2 FY24.

Shares of RateGain Travel Technologies rose 0.32% to Rs 703 on the BSE.

More News
More Company News View Company Information

Capital Market Publishers India Pvt. Ltd

401, Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400 071, India.

Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered corporate databases and stock market magazine in India. Today Capitaline corporate database cover more than 35,000 listed and unlisted Indian companies. Latest technologies and standards are constantly being adopted to keep the database user-friendly, comprehensive and up-to-date.

Over the years the scope of the databases has enlarged to cover economy, sectors, mutual funds, commodities and news. Many innovative online and offline applications of these databases have been developed to meet various common as well as customized requirements.

While all the leading institutional investors use Capitaline databases, Capital Market magazine gives access to the databases to individual investors through Corporate Scoreboard. Besides stock market and company-related articles, the magazine’s independent and insightful coverage includes mutual funds, taxation, commodities and personal finance.

The power of the database is harnessed by our fired-up reporters to generate interesting ideas. The reader-friendly presentation of the idea, supplemented by relevant data and information, can be accessed online through Capita Telefolio and Telefolio Gold. These ideas are used by individual investors as well as institutional investors to do further research and stay ahead.

Copyright @ Capital Market Publishers India Pvt.Ltd

Designed, Developed and maintained by CMOTS Infotech (ISO 9001:2015 Certified)

Site best viewed in Internet Explorer Edge ,   Google Chrome 115.0.5790.111 + ,   Mozilla Firefox 115.0.3 + ,   Opera 30.0+, Safari 16.4.1 +