This strategic alliance marks the introduction of RateGain's airline pricing solution, AirGain, enhancing the capabilities of Best Airlines Rep's airline partners by offering immediate access to pricing insights from over 200 sources. This includes data from websites, mobile apps, GDS, and more, ensuring quick and up-to-the-minute information.

Best Airlines Rep, which has a significant presence in Europe and Africa, offers airlines a wide range of services, from sales and marketing to comprehensive back-office support, emphasizing cost efficiency and strategic market positioning. They have recently partnered with InterGSA and Enlloy Aviation, and, together with Best Airlines Rep Marketing, have founded a new global GSA named Best Airlines Rep, representing even larger portfolios of airlines.

The recent incorporation of AirGain's technology streamlines their operations, granting automated market insights and real-time pricing data, enhancing service quality for partner airlines. This not only keeps Best Airlines Rep on top of market trends but also empowers them to lead, boosting the competitiveness and profitability of the airlines they represent.

Vinay Varma, senior vice president and general manager at AirGain, said: "This partnership with Best Airlines Rep is a testament to our shared vision of transforming the aviation industry through technological empowerment. We are excited to see how our collaborative efforts will redefine the future of airline pricing and distribution.

The AirGain solution now has the capability to provide market-wise point-of-sale comparative fares, which are essential for GSAs like FT. By empowering GSAs like FT, AirGain can aggregate localized pricing, which eventually helps the GSAs provide an accurate market position to the central airline revenue management teams."

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.

The company reported 131.8% zoomed in consolidated net profit to Rs 30.04 crore on 88.4% jump in net sales surged to Rs 234.72 crore in Q2 FY24 over Q2 FY23.

The scrip shed 0.10% to currently trade at Rs 660.05 on the BSE.