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AirGain provides real-time price intelligence and rate parity solutions for airlines and online travel agencies to track pricing across channels. Cem Air aims to get crucial pricing insights and competitive intelligence data to accelerate growth in an ever-evolving market. AirGain's user-friendly interface makes it easy to drive swift decision-making and take note of market changes. Additionally, the platform offers real-time competitor insights across channels to minimize discrepancies and reduce revenue losses. Cem Air will be able to track and respond to market changes by monitoring dynamic price fluctuations. AirGain's Market Sense will help revenue teams to configure preset alerts based on parameters that are relevant for them. This efficiency translates to more informed decision-making, giving Cem Air an advantage in the increasingly competitive South African market.
CemAir is a licensed International and Domestic Scheduled and Non-Scheduled air carrier with approval from the South African Department of Transport and Civil Aviation Authority to conduct operations throughout Africa and the Middle East as a Part 121 and 135 Operator. CemAir currently owns and operates a large fleet of 23 aircraft, comprising three CRJ 900 Airliners, six CRJ 100/200 LR Airliners, four Dash-8 Q400s, two Dash-8 Q300s, one Dash-8 100, and seven Beech 1900D aircraft.
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 business.
On a consolidated basis, net profit of Rategain Travel Technologies surged 191.04% to Rs 33.79 crore on 69.57% increase in net sales to Rs 182.93 crore in Q4 March 2023 over Q4 March 2022.
Shares of Rategain Travel Technologies rose 3.23% to Rs 396.20 on Monday, 5 June 2023.
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