Shares of RateGain Travel Technologies Ltd. rose by 2% to a day’s high of Rs 836 on 16 July after the company announced a partnership with Germany’s Hahn Air to boost airline pricing.

The company’s AirGain pricing solution will be integrated with Hahn Air’s distribution network; such a partnership will benefit over 350 airlines globally. Hahn Air has 25 years of expertise in commercial aviation and connects over 350 partner airlines to more than 100,000 travel agencies across 190 markets worldwide.

Hahn Air’s partners who are using H1-Air and X1-Air products will access AirGain’s pricing intelligence technology. This partnership aims to optimize Hahn Air’s revenue streams with AirGain’s innovative technology. AirGain helps monitor dynamic pricing trends and set up customized alerts. The solution provides detailed reports for informed decision-making and strategic positioning in the aviation market.

This tie-up also combines Hahn Air’s distribution prowess with AirGain’s technological capabilities. Partner airlines will benefit from optimized revenue and preferred access to corporate travel agencies, online travel agencies, and consolidators worldwide. This enables Hahn Air to use real-time, data-driven insights to enhance service delivery.

This collaboration is viewed as setting new benchmarks in the airline distribution ecosystem. The executive vice president of commercial at Hahn Air also emphasized the innovative nature of the partnership.

At 10:30 AM, the shares of RateGain Travel were trading 0.70% lower at Rs 808.60 on BSE.

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