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This collaboration will enable Nok Air to gain real-time competitive insights and optimise its fares in an increasingly dynamic aviation market, Rategain Travel said in a stock exchange filing.
With competition intensifying across Thailand, India and China, Nok Air aims to stay ahead by leveraging AirGain’s real-time data analytics, Rategain said.
The platform provides pricing insights from over 300 airlines and 50+ online travel agencies (OTAs), allowing the airline to refine its pricing strategies, improve promotional campaigns, and enhance value for customers.“Staying competitive in today’s fast-paced aviation industry requires innovative solutions and actionable insights. With AirGain’s cutting-edge platform, Nok Air can optimise our pricing and promotions to better serve our passengers while achieving sustainable growth,” Ranon Viputsiri, Chief Commercial Officer of Nok Air, said.
By integrating AirGain, Nok Air can make data-driven pricing decisions, ensuring affordability without compromising profitability. “AirGain’s AI-powered pricing intelligence will enable Nok Air to navigate market complexities, enhance pricing agility, and deliver exceptional value to passengers,” Vinay Varma, Senior Vice President and General Manager at AirGain, said.
As Nok Air continues to expand its network across Thailand and Asia, this collaboration is expected to uncover new growth opportunities and improve adaptability in a rapidly evolving market.
Shares of RateGain Travel Technologies rallied as much as 9.2% hit an intraday high of ₹542 apiece on Thursday, February 20. However, the stock pared some of the gains to trade 6.34% higher at ₹527.35 apiece at 11.35 am.
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