Latest news with #LIAT
Business Standard
2 days ago
- Business
- Business Standard
RateGain partners with Caribbean airline LIAT (2020) for providing airfare pricing intelligence software
RateGain Travel Technologies said that it has partnered with Caribbean's regional airline LIAT (2020) for implementing its airfare pricing intelligence platform AirGain. Started operations in August 2024, LIAT (2020) Limited is a key player in Caribbean aviation. With a mission to connect island economies, boost regional tourism, and ensure vital inter-island connectivity, LIAT operates scheduled flights across the Eastern Caribbean, including Antigua, Barbados, Dominica, Grenada, St. Lucia, and St. Vincent. LIAT is expanding across underserved routes, enhancing digital capabilities, and forming strategic partnerships to drive efficiency and long-term growth. The collaboration with RateGain reflects LIATs push to modernize its commercial operations and adopt technology-led solutions. With travel demand rebounding and market volatility rising, LIAT is embracing a data-driven, agile pricing strategy. Through its partnership with AirGain, revenue teams now access real-time fare intelligence across direct and indirect channelswebsites, OTAs, and GDSsenabling faster, smarter decisions in one of the worlds most price-sensitive regions. Vinay Varma, senior vice president and general manager at AirGain, said: We are delighted to welcome LIAT into the AirGain community. The Caribbean is a uniquely complex and dynamic aviation market, where pricing strategies must constantly adapt to local demand trends, competitive pressures, and operational challenges. With AirGains real-time market intelligence, LIATs revenue management and pricing teams will have the clarity and confidence to protect yield, enhance load factors, and strengthen market share on every route." 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. The scrip added 0.08% to currently trade at Rs 450.05 on the BSE.
Business Upturn
2 days ago
- Business
- Business Upturn
RateGain partners with LIAT to power Caribbean airline pricing with AI-powered AirGain platform
RateGain Travel Technologies Limited, a global leader in AI-powered SaaS solutions for travel and hospitality, has announced a strategic partnership with LIAT (2020) Limited, the Caribbean's regional airline, to deploy AirGain — RateGain's next-gen airfare pricing intelligence platform. This collaboration marks a pivotal step in LIAT's digital transformation and regional connectivity ambitions. LIAT (2020) Limited, which commenced operations in August 2024, plays a crucial role in connecting the Eastern Caribbean, flying to key destinations such as Antigua, Barbados, Dominica, Grenada, St. Lucia, and St. Vincent. With a strong focus on revitalizing underserved routes, boosting regional tourism, and modernizing operations, LIAT is rapidly emerging as a vital player in Caribbean aviation. In a region known for price-sensitive travelers and growing competition, LIAT's adoption of AirGain equips its revenue management teams with real-time, AI-powered fare intelligence across direct and indirect sales channels—including airline websites, OTAs, and GDSs. This enables faster, more dynamic pricing decisions to match changing market demand and traveler behavior. 'Partnering with RateGain allows us to move towards a more agile, tech-enabled future. With travel demand rising and competitive pressure increasing, pricing accuracy is critical. AirGain gives us the visibility and insights we need to remain competitive and affordable,' said a spokesperson from LIAT. Meanwhile, RateGain continues to innovate with Route Performance Digest, an AI-powered module under AirGain, now being introduced to Tunisair. This tool provides daily performance insights, helping airlines detect anomalies, optimize pricing, and make proactive decisions—essential in today's dynamic travel market. With this dual expansion—supporting LIAT's regional connectivity goals and Tunisair's route intelligence needs—RateGain reinforces its leadership in bringing AI-powered fare optimization to airlines globally. 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
