Latest news with #AirMontenegro
Business Standard
8 hours ago
- Business
- Business Standard
RateGain Travel Tech gains after inking pact with Air Montenegro
RateGain Travel Technologies rose 2.01% to Rs 437.20 after the company announced that it has joined hands with Air Montenegro to enhance the airline's pricing agility and market competitiveness across Europe. The collaboration with RateGains AirGain platform will provide the airlines revenue and pricing teams with real-time, high-quality competitive fare insights. This will enable faster, data-driven decision-making, allowing the airline to swiftly respond to market changes while optimizing yield and improving load factors. With AirGains advanced airfare pricing intelligence, Air Montenegro will gain access to real-time competitor pricing data from both direct airline websites and indirect channels like OTAs and GDSs. The solution enables airline pricing teams to track route-level trends, spot anomalies, benchmark fare positions, and proactively respond to competitor movesall within a single, intuitive dashboard. Vukadin Stojanović, CEO at Air Montenegro, said, "For an airline like ours thats expanding and serving competitive European markets, staying ahead of pricing shifts is essential. This partnership with AirGain allows us to move from reactive to proactive pricing strategies, empowering our teams with reliable data and actionable insights that directly impact our commercial performance." Vinay Varma, Senior Vice President and General Manager at AirGain, commented, "Were proud to support Air Montenegro as they strengthen their position in the Balkan and Central European aviation markets. They are among the first in the region to adopt our AI-powered platform, VUE. Airlines in this region operate in some of the most complex fare environments in Europe, and conventional systems often fall short in addressing the dynamic nature of todays fare environments. With VUE, Air Montenegros revenue team now has access to real-time, travel-specific intelligencepowered by AIthat enables faster, sharper decision-making every day." RateGain Travel Technologies is a global provider of AI-powered SaaS solutions for the hospitality and travel industry. The company today is one of the worlds 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 business. The company's consolidated net profit rose 9.6% to Rs 54.81 crore, while net sales increased 1.9% to Rs 260.69 crore in Q4 March 2025 over Q4 March 2024.
&w=3840&q=100)
Business Standard
11 hours ago
- Business
- Business Standard
RateGain Travel shares gain 2% as company partners with Air Montenegro
RateGain Travel Technologies share price gained 2.3 per cent in trade on Tuesday, June 17, 2025, logging an intraday high at ₹438.75 per share on BSE. At 11:36 AM, RateGain shares were trading 1.52 per cent higher at ₹435.1 per share on the BSE. In comparison, the BSE Sensex was down 0.24 per cent at 81,601.19. The company's market capitalisation stood at ₹5,136.51 crore. Its 52-week high was at ₹856.5 per share and 52-week low was at ₹365 per share. Why are RateGain Technologies shares buzzing in trade? The stock was in demand after the company partnered with Air Montenegro, the national airline of Montenegro. According to the company filling, Air Montenegro has selected AirGain by RateGain - a globally trusted, AI-powered airfare pricing intelligence platform for gaining real-time competitive insights. Further, with AirGain's advanced airfare pricing intelligence, Air Montenegro will gain access to real-time competitor pricing data from both direct airline websites and indirect channels like OTAs and GDSs. OTA (Online Travel Agency) and GDS (Global Distribution System) are both platforms used in the travel and airline industries. The solution enables airline pricing teams to track route-level trends, spot anomalies, benchmark fare positions, and proactively respond to competitor moves — all within a single, intuitive dashboard. About Air Montenegro Air Montenegro is the flag carrier of Montenegro, based in Podgorica. Operating a modern fleet, the airline connects Montenegro to key destinations across Europe, contributing to the country's economic development and tourism growth. Learn more at About RateGain RateGain Travel Technologies is a global provider of AI-powered SaaS solutions for travel and hospitality that works with 3,200+ customers and 700+ partners in 100+ countries helping them accelerate revenue generation through acquisition, retention, and wallet share expansion. RateGain today 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 business. Founded in 2004 and headquartered in India, today RateGain works with 26 of the Top 30 Hotel Chains, 25 of the Top 30 Online Travel Agents, 3 of the Top 4 Airlines, and all the top car rentals, including 16 Global Fortune 500 companies in unlocking new revenue every day.
Business Upturn
12 hours ago
- Business
- Business Upturn
RateGain partners with Air Montenegro to strengthen pricing strategy
By Aman Shukla Published on June 17, 2025, 10:59 IST RateGain Travel Technologies Limited, a global leader in AI-powered SaaS solutions for the travel and hospitality sector, has announced a strategic partnership with Air Montenegro, the national carrier of Montenegro. The airline has selected AirGain , RateGain's AI-driven airfare pricing intelligence platform, to optimize its pricing strategy and gain real-time competitive insights. Launched in 2021, Air Montenegro has rapidly grown its network, connecting key European destinations and supporting regional tourism and trade. With rising travel demand and a fast-evolving pricing environment, the airline is adopting a data-driven approach to revenue management. AirGain will provide Air Montenegro's pricing and revenue management teams with access to live competitor fare data from direct airline websites and third-party platforms, such as OTAs and GDSs. This will enable the airline to monitor route-level trends, detect pricing anomalies, benchmark fare positions, and respond to market changes quickly and confidently. The partnership will also give Air Montenegro access to AirGain's AI-powered Route Performance Digest , a first-of-its-kind feature that delivers daily route insights. This tool will help the airline further refine its pricing models and improve decision-making to maximize yield and load factors. This collaboration reflects Air Montenegro's commitment to delivering affordable and seamless travel experiences, while positioning itself for sustained growth in European and regional markets. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
